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ConocoPhillips is buying Marathon Oil for $17.1 billion in all-stock deal as profits soar on high energy prices - Vimarsana News

ConocoPhillips is buying Marathon Oil for $17.1 billion in all-stock deal as profits soar on high energy prices

ConocoPhillips said Wednesday the transaction will add highly desired acreage to its existing U.S. onshore portfolio.

Source: adn.com
ConocoPhillips buying Marathon Oil for $17.1B in all-stock deal as energy prices rise - Vimarsana News

ConocoPhillips buying Marathon Oil for $17.1B in all-stock deal as energy prices rise

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

ConocoPhillips To Buy Marathon Oil: What To Know - Vimarsana News

ConocoPhillips To Buy Marathon Oil: What To Know

If ConocoPhillips' bid for Marathon Oil goes through, it will bring together two of the world's largest exploration and production companies.

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Ryan LanceMarathon Oil
ConocoPhillips to acquire Marathon Oil Corp. - Vimarsana News

ConocoPhillips to acquire Marathon Oil Corp.

ConocoPhillips and Marathon Oil Corp. have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction.

Is Conocophillips A Buy After The Big Acquisition? - Vimarsana News

Is Conocophillips A Buy After The Big Acquisition?

A mega-merger of two major oil companies was announced Tuesday, as

Source: menafn.com