ConocoPhillips buying Marathon Oil for $17.1 billion
Crude prices have jumped more than 12% this year, and the cost for a barrel rose above $80 this week.
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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…