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ConocoPhillips to buy Marathon Oil in $22bn deal - Vimarsana News

ConocoPhillips to buy Marathon Oil in $22bn deal

ConocoPhillips confirmed on Wednesday that it has agreed to buy Marathon Oil in an all-share deal worth $22bn.

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Ryan LanceMarathon Oil
ConocoPhillips Announces Takeover Of Marathon Oil For $22.5 Bn - Vimarsana News

ConocoPhillips Announces Takeover Of Marathon Oil For $22.5 Bn

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. The deal, the latest in a series of major acquisitions in the US oil sector, will enable ConocoPhillip ..

Texas oil giants to merge in $17 billion deal - Vimarsana News

Texas oil giants to merge in $17 billion deal

Houston-based ConocoPhillips is buying Marathon Oil in an all-stock deal as energy prices rise and big oil companies reap massive profits.

Source: kten.com
ConocoPhillips to buy Marathon Oil in $22.5 bln deal as energy mergers roll on - Vimarsana News

ConocoPhillips to buy Marathon Oil in $22.5 bln deal as energy mergers roll on

Oil and liquids-weighted Marathon is active in the Bakken, Permian and Eagle Ford basins in the US. [Image: Marathon Oil]

ConocoPhillips snaps up Marathon for $22.5bn - Vimarsana News

ConocoPhillips snaps up Marathon for $22.5bn

The US oil and gas industry has been riding a consolidation wave over the past two years