02:47 PM EDT, 07/15/2025 (MT Newswires) -- The US Federal Trade Commission denied Pioneer Natural Resources founder Scott Sheffield's request to reopen and cancel a final consent order for Exxon Mobil's ( XOM ) acquisition of Pioneer, the FTC said Tuesday.

The request was denied because Sheffield is not a party to the final order and is not entitled to use the petition process, but the FTC said it plans to consider his arguments and revisit the final order.

The final order resolved an anticompetition issue related to the transaction by barring Sheffield from joining Exxon Mobil ( XOM ) as a director or an adviser. It also prohibits Exxon Mobil ( XOM ) from appointing any Pioneer employee or director to its board over a five-year period, the FTC said.

Exxon Mobil ( XOM ) did not immediately respond to MT Newswires' request for comment.

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