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ConocoPhillips's plans to acquire independent oil and gas producer Marathon Oil in an all-stock deal for $22.5 billion including debt continues a recent string of deals in the energy space.
ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion. As part of the transaction, Marathon Oil shareholders will receive 0.2550 shares of ConocoPhillips ...
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.
News. Science & Tech. Shopping. Sports. Weather. 24/7 Help. ... Acquiring Marathon Oil is a major change in ConocoPhillips' prudence. It's an all-stock transaction, and Marathon is up over 430% in ...
After all, Marathon's P/E ratio spiked this week and Conoco's declined in the wake of the deal news. But as of Thursday, Conoco still has a P/E ratio of 13.1 versus Marathon's 11.8.
Aug. 7—ConocoPhillips had a busy second quarter, progressing on its new Willow Project oilfield in the National Petroleum Reserve on the North Slope of Alaska, its $22.5-billion merger with ...
May 30—ConocoPhillips and Marathon Oil just jumped on the merry-go-round of mergers that the energy industry has seen in recent months with ConocoPhillips having been the last of the major oil ...
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