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ConocoPhillips (COP) is set to acquire Marathon Oil in a $22.5 billion all-stock deal, adding more than 2 billion barrels of resources and significant cost synergies.
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.
“That changed today with the announcement that ConocoPhillips is set to acquire Marathon Oil in an all-stock deal that values the latter at $22.5 billion, incorporating the takeover of $5.4 ...
Top U.S. independent oil and gas producer ConocoPhillips on Wednesday agreed to buy Marathon Oil for $22.5 billion, the latest in a series of mega-deals in the energy industry.
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 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 to Buy Marathon ...
A Conoco gas station sign is shown in Glenside, Pennsylvania, Sept. 29, 2021. ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices soar ...
ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal as energy prices rise. ... ConocoPhillips plans to buy back more than $7 billion in shares in the first full year.
Amid the ongoing wave of consolidation in the U.S. oil and gas industry, ConocoPhillips (COP) has agreed to acquire Marathon Oil (MRO) in an all-stock deal worth $22.5 billion, including $5.4 ...
ConocoPhillips (NYSE: COP) made a splash on May 29 when it announced an all-stock acquisition of Marathon Oil (NYSE: MRO).The purchase price represents a 14.7% premium to the closing price of ...