Pioneer Natural Resources closed its $6.4 billion purchase of DoublePoint Energy with assets in the Midland Basin. The company paid DoublePoint shareholders $1 billion and issued 27.2 million common shares to them. As a result, DoublePoint shareholders received 11% of the combined company.
Pioneer Natural Resources closed its $6.4 billion purchase of DoublePoint Energy with assets in the Midland Basin. The company paid DoublePoint shareholders $1 billion and issued 27.2 million common shares to them. As a result, DoublePoint shareholders received 11% of the combined company. 
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