Scott Sheffield’s $60 billion sale of Pioneer to Exxon hints at an uncertain future for U.S. frackers
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https://www.wsj.com/business/energy-oil/fracking-pioneer-cashes-in-as-twilight-sets-in-the-shale-patch-686e81f3Trevor Paulhus for The Wall Street JournalScott Sheffield transformed Pioneer Natural Resources from a fledgling outfit into one of the largest oil producers in West Texas and, until recently, put no limits on his ambition to grow.to Exxon Mobil last week, the oil giant he had lapped for years in the Permian Basin.
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