ExxonMobil and Chevron gather investors after latest big oil mega deal
Energy giants hold annual meetings as ConocoPhillips announces plan to buy Marathon Oil in $17.1bn deal
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Energy giants hold annual meetings as ConocoPhillips announces plan to buy Marathon Oil in $17.1bn deal
ConocoPhillips announced plans to acquire Marathon Oil Corporation through an all-stock transaction valued at $22.5 billion, including $5.4 billion in net debt.
ConocoPhillips (NYSE:COP, ETR:YCP) is in advanced talks to acquire Marathon Oil Corp (NYSE:MRO) in an all-stock transaction valued at over $15 billion,...
ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion, plus $5.4 billion in debt.
A mega-merger of two major oil companies was announced Tuesday, as ConocoPhillips agreed to acquire Marathon Oil in an all-stock deal.