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ConocoPhillips (NYSE:COP) shares are trading higher after the company released fourth-quarter results. Here’s a breakdown of the report. Revenue of $14.74 billion, beating the consensus of $14. ...
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 (NYSE: COP) Q4 2024 Earnings Call ... we are making solid progress on our planned $2 billion of asset sales. ... this is a well-established and demonstrated track record the last 2. ...
Along with the sale of natural gas fields in the U.S., it led to a reduction of close to 30% of its proved oil and gas reserves. [35] In June 2017, the company agreed to sell assets in the Barnett Shale for $305 million. [36] In August 2017, the company sold its business in the San Juan Basin for $2.5 billion. [37]
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.
ConocoPhillips (NYSE: COP) made a splash on May 29 when it announced an all-stock acquisition of Marathon Oil (NYSE: MRO).The purchase price represents a 14.7% premium to the closing price of ...
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related to: conocophillips recent acquisitions and sales report format wa 1 5 2 unblocked