Pioneer Natural Resources to acquire Parsley Energy in $4.5B deal

One of Dallas-Fort Worth’s largest public companies announced an acquisition of another Texas oil company on Tuesday.

Pioneer Natural Resources Co. (NYSE: PXD) will acquire Parsley Energy, Inc. (NYSE: PE) in an all-stock transaction valued at $4.5 billion, the companies announced Tuesday. The total value of the transaction, inclusive of Parsley debt assumed by Pioneer, is approximately $7.6 billion.

“This transaction creates an unmatched independent energy company by combining two complementary…

Amazon calling on all businesses to help fight climate change: Ideas to get started

The Climate Pledge, co-founded in 2019 by Amazon, calls on businesses to reach zero net carbon by 2040 – a full decade before the goals of the Paris Agreement.

If that sounds impossible – especially to smaller enterprises – Amazon’s head of worldwide sustainability, Kara Hurst, has some advice: Just get started.

“It can seem very daunting to look at the climate science and think about what you could do, how to measure your own carbon footprint – especially if you don’t have the technologies…