Page 6 - Ryan Lance News Today

Crude prices have jumped more than 12% this year, and the cost for a barrel rose above $80 this week.

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 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 and Marathon Oil Corporation have agreed to acquire Marathon Oil in an all-stock transaction valued at $22.5 billion, including $5.4 billion of net 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. The deal is valued at $22.5 billion when including $5.4 billion in debt. Crude prices have jumped more than 12% this year and the cost for a barrel rose above…

ConocoPhillips is in talks with Marathon Oil over an all-stock deal that would value the latter at $15 billion.

ConocoPhillips is acquiring Marathon Oil in a blockbuster deal amid ongoing consolidation in the energy industry.

ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices soar and big oil companies reap massive profits. The deal announced Wednesday is valued at $22.5 billion when including $5.4 billion in debt. Marathon Oil shareholders will receive 0.2550 shares of ConocoPhillips common stock for each share of Marathon Oil common stock that they own. ConocoPhillips said Wednesday that the transaction will add highly desired acreage to its existing U....

Big Oil keeps doing big deals.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero