ConocoPhillips (COP) is set to acquire Marathon Oil in a $22.5 billion all-stock deal, adding more than 2 billion barrels of resources and significant cost synergies.

Another big M&A announcement in the oil patch is making news after ConocoPhillips (COP) said it will buy Marathon Oil (MRO) for $17.1 billion in stock. The deal includes $5.4 billion in debt ...

Top U.S. independent oil and gas producer ConocoPhillips on Wednesday agreed to buy Marathon Oil for $22.5 billion, the latest in a series of mega-deals in the energy industry.

“That changed today with the announcement that ConocoPhillips is set to acquire Marathon Oil in an all-stock deal that values the latter at $22.5 billion, incorporating the takeover of $5.4 ...

Amid the ongoing wave of consolidation in the U.S. oil and gas industry, ConocoPhillips (COP) has agreed to acquire Marathon Oil (MRO) in an all-stock deal worth $22.5 billion, including $5.4 ...

Big Oil keeps doing big deals. ConocoPhillips said Wednesday it had agreed to buy Marathon Oil in an all-stock deal worth $22.5 billion, including about $5.4 billion of 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. ConocoPhillips to Buy Marathon ...

ConocoPhillips (NYSE: COP) made a splash on May 29 when it announced an all-stock acquisition of Marathon Oil (NYSE: MRO).

Boosted by its $22.5-billion acquisition of Marathon Oil and continued strong Permian Basin production, ConocoPhillips ended 2024 well positioned to pursue a slate of major projects including its ...

Acquiring Marathon Oil is a major change in ConocoPhillips' prudence. It's an all-stock transaction, and Marathon is up over 430% in the last four years compared to 170% for ConocoPhillips.

A Conoco gas station sign is shown in Glenside, Pa., Sept. 29, 2021. ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices soar and big ...