The Dallas-based company is led by industry veteran Scott Sheffield, who has said he will retire at the end of this year and be succeeded by his chief operating officer Richard Dealy. Natron Energy: Investment rounds, top customers, partners and investors i3 Connect. Forge no longer actively tracks this company. Aquion Energy was acquired by China Titans Energy Technology Group on August 1, 2017. Aquion Energy is a company that manufactures sodium ion batteries and energy storage systems. shale rivals DoublePoint Energy for $6.4 billion in 2021 and Parsley Energy for $7.6 billion in 2020. Energy / Clean Energy Founded: 2008 Funding to Date: 131MM. Pioneer itself has bulked up through dealmaking, including the acquisitions of U.S.
Chevron Corp (CVX.N), for example, agreed in May to acquire shale producer PDC Energy Inc in a stock-and-debt transaction worth $7.6 billion. Other oil majors have also been turning to dealmaking because they find it risky to drill new acreage.
Tech has been the shiny object this year, but theres a stealth winner this quarter energy stocks. The potential deal is set to attract political and regulatory scrutiny, after the White House accused Exxon in February of achieving bumper profits at the expense of consumers. Tech-hungry investors are underestimating energy. Still, this was dwarfed by Pioneer's output in the basin, which averaged 711,000 boed in the same period. Exxon produced about 620,000 boed in the Permian basin in the second quarter, a record for the company.
