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Big Oil keeps doing big deals. ConocoPhillips said Wednesday it had agreed to buy Marathon Oil in an all-stock deal worth $22.5 billion, including about $5.4 billion of debt.
ConocoPhillips is poised for growth amid rising oil prices with strong Q1 earnings and potential outperformance of major ...
Another big M&A announcement in the oil patch is making news after ConocoPhillips (COP) said it will buy Marathon Oil (MRO) for $17.1 billion in stock. The deal includes $5.4 billion in debt ...
ConocoPhillips has completed its acquisition of Marathon Oil Corp., after the $22.5 billion transaction cleared an extended regulatory anti-trust review.
Marathon Oil and ConocoPhillips closed higher on Thursday on the New York Stock Exchange at $28.85 and $114.37 respectively. Last week Marathon Oil said it is facing several court complaints ...
ConocoPhillips COP recently completed the acquisition of Marathon Oil Corporation, which was initially announced in May, 2024. The acquisition will enhance its deep, durable and diverse portfolio ...
ConocoPhillips COP 1.07 % increase; green up pointing triangle has agreed to acquire Marathon Oil in an all-stock deal valued at $17.1 billion in a bid to catch up with rivals as drillers race to ...
ConocoPhillips has announced the completion of its acquisition of Marathon Oil Corporation. As per the merger agreement, each ...
Boosted by its $22.5-billion acquisition of Marathon Oil and continued strong Permian Basin production, ConocoPhillips ended 2024 well positioned to pursue a slate of major projects including its ...
Details of COP’s $22.5B Acquisition of MRO. ConocoPhillips, in May 2024, announced an accord with Marathon Oil to acquire it in an all-stock transaction valued at $22.5 billion.
Marathon traces its roots to the 19th century, and like ConocoPhillips, its predecessors were once part of John D. Rockefeller’s Standard Oil empire. In 2011, Marathon Oil spun out its refinery ...