ConocoPhillips to acquire Marathon Oil Corporation in all-stock ...
May 29, 2024 · HOUSTON – ConocoPhillips (NYSE: COP) and Marathon Oil Corporation (NYSE: MRO) announced today that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion, inclusive of $5.4 billion of net debt.
ConocoPhillips is buying Marathon Oil in $22.5 billion deal
May 29, 2024 · 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 to buy Marathon Oil in $17 billion all-stock deal …
May 29, 2024 · ConocoPhillips is the last of the top three U.S. oil companies to pull the trigger on a big acquisition. It follows blockbuster deals announced last fall by its two bigger rivals, Exxon Mobil and...
ConocoPhillips to buy Marathon Oil in $22.5 bln deal in latest …
May 29, 2024 · 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.
News & Media - ConocoPhillips
Oct 31, 2024 · See the latest ConocoPhillips news releases and access media contacts, press resources and image galleries.
Marathon Oil to dismiss over 500 workers in Texas ahead of ...
Oct 30 (Reuters) - Marathon Oil Corp (MRO.N), which is being acquired by larger rival ConocoPhillips (COP.N), this week said it would lay off more than 500 workers in Texas, according to a filing...
ConocoPhillips buying Marathon Oil for $17.1 ... - Associated Press News
May 29, 2024 · 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. The deal is valued at $22.5 billion when including $5.4 billion in debt.
$22.5 Billion ConocoPhillips, Marathon Oil Deal Creates A ... - Forbes
May 29, 2024 · ConocoPhillips will acquire Marathon Oil in an all-stock transaction announced Wednesday, creating the United States’s biggest independent producer of oil and gas.
ConocoPhillips to Acquire Marathon Oil in $22.5 Billion Deal
May 29, 2024 · ConocoPhillips agreed on Wednesday to acquire its smaller rival, Marathon Oil, the latest deal in a wave of consolidation sweeping the oil industry.
ConocoPhillips Makes Final Investment Decision to Develop the …
Dec 22, 2023 · HOUSTON – ConocoPhillips (NYSE: COP) announced today that it will move forward with development of the Willow project in Alaska. This Final Investment Decision approves the project and funds construction needed to reach first oil. The decision follows the Department of the Interior March 2023 Record of Decision and recent positive court ...
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