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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 ...
Marathon Petroleum Corporation (NYSE:MPC) shares are trading higher after it reported fourth-quarter results. Total revenues and other income of $33.47 billion topped the consensus of $31.12 ...
Ohio Oil continued to use the Marathon brand, and in 1962, Ohio changed its name to the Marathon Oil Company. In January 1982, Marathon was acquired by U.S. Steel. After the acquisition, the USX Corporation was created to act as the parent of U.S. Steel and Marathon Oil, which operated as divisions. In 2001, USX spun off Marathon under the name ...
Marathon Oil (MRO) stock has surged in the last few quarters. However, with the recent upside in oil price, there seems to be a further rally impending. Low break-even assets will translate into ...
Marathon Petroleum (MPC) closed the most recent trading day at $106.06, moving -0.73% from the previous trading session. Marathon Petroleum (MPC) Stock Moves -0.73%: What You Should Know Skip to ...
In the latest trading session, Marathon Petroleum (MPC) closed at $98.70, marking a -1.39% move from the previous day. Marathon Petroleum (MPC) Stock Moves -1.39%: What You Should Know Skip to ...
Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011.
Announced Wednesday in Houston, headquarters for both corporations, it was an all-stock transaction with an enterprise value of $22.5 billion inclusive of ... ConocoPhillips-Marathon Oil come to terms