---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-268938"
form_type: "8-K"
ticker: "XOM"
cik: "0000034088"
company_name: "EXXON MOBIL CORP"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T01:14:53.340882+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# ExxonMobil closes $4.9B all-stock acquisition of Denbury Inc.

## Summary
- Deal valued at $4.9B, or $89.45 per share; shareholders receive 0.84 XOM shares per DEN share.
- Adds over 1,300 miles of CO2 pipelines and 15+ onshore CO2 storage sites, boosting low-carbon business.
- Acquires 200+ million boe proved reserves and ~46,000 boe/d production in Gulf Coast and Rocky Mountains.
- Potential to reduce CO2 emissions by over 100 million metric tons per year once fully developed.

## SEC filing metadata
- accession: 0001193125-23-268938
- form_type: 8-K
- ticker: XOM
- cik: 0000034088
- company_name: EXXON MOBIL CORP
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/34088/000119312523268938/0001193125-23-268938-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34088/000119312523268938/d566751d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-268938
- JSON: https://secwatch.observer/filing/0001193125-23-268938.json
- Plain text: https://secwatch.observer/filing/0001193125-23-268938.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.