: Closed in late 2023, this was Exxon's largest acquisition in decades, aimed at making it the dominant producer in the U.S. Permian Basin .
: Exxon maintains one of the strongest balance sheets in the industry, with a debt-to-equity ratio of 0.17x , lower than major rival Chevron. Recent Strategic Acquisitions exxon buy
: In January 2024, Exxon agreed to buy an additional 1.2 million tonnes of LNG per year from Mexico Pacific to strengthen its global gas portfolio. Ongoing Asset Sales (The "Sell" Side) : Closed in late 2023, this was Exxon's
Exxon has used its high cash reserves to "buy" significant market share through major takeovers: : Closed in late 2023