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13 hours ago · MRO. US oil and gas company ConocoPhillips has announced an all-stock deal to acquire Marathon Oil for an enterprise value of $22.5bn, including $5.4bn of net debt. Under the terms of the ...
1 hour ago · Big Oil’s Latest Megadeal Shows Industry’s US Premium. ConocoPhillips is heading for a market value of more than $150 billion, dwarfing BP. ConocoPhillips’ headquarters in Houston ...
13 hours ago · 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 ...
1 hour ago · ConocoPhillips expects to achieve at least $500 million of run rate cost and capital savings within the first full year following the closing of the transaction, according to the statement, which ...
13 hours ago · NEW YORK: US energy giant ConocoPhillips announced Wednesday that it will acquire competitor Marathon Oil in an all-stock transaction valued at $22.5 billion, including $5.4 billion in debt, a ...
2 hours ago · Shares of Marathon surged on the news, and closed nearly 8.5% higher on Wednesday. ... ConocoPhillips , meanwhile, fell by about 3%. ... Rumors of Big Mac inflation are greatly exaggerated.
6 hours ago · Bloomberg. Updated On May 30, 2024 at 12:28 PM IST. ConocoPhillips agreed to acquire Marathon Oil Corp in an all-stock deal valuing the company at about $17 billion, extending a major buying spree among the largest players in the oil and gas industry in the United States. The move expands ConocoPhillips ' footprint in domestic shale fields from ...
