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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 ...
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 buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits.
ConocoPhillips COP 2.51 % 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 ...
Marathon struggled after the split, whereas ConocoPhillips has recovered a bit. Marathon Oil’s spun-off business, Marathon Petroleum, has done quite well on its own, whereas Phillips 66 has had ...
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 ...
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 ...
ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits.
A Conoco gas station sign is shown in Glenside, Pa., Sept. 29, 2021. ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices soar and big ...