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As per the agreement, Marathon Oil shareholders will receive 0.2550 ConocoPhillips shares for each share of Marathon Oil they hold. The acquisition price represents a 14.7% premium to the closing ...
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. ... For more CNN news and newsletters create an ...
The federal government announced a $241.5 million settlement with Marathon Oil on Thursday for alleged air quality violations at the company's oil and gas operations on the Fort Berthold Indian ...
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 ...
In July 2024, Marathon agreed to a $241.5 million settlement with the US Department of Justice and the Environmental Protection Agency to resolve allegations of failing to obtain required permits at dozens of the company's oil and gas facilities on the Fort Berthold Indian Reservation in North Dakota and releasing thousands of tons of illegal air pollution as a result. [30]
U.S. officials on Thursday announced a $241 million settlement with Marathon Oil over alleged air pollution violations at dozens of the company's oil and gas facilities on a North Dakota Indian ...
The 2021 St. Paul Park refinery strike was a labor dispute in St. Paul Park, Minnesota, United States.The strike, involving approximately 200 workers, took place at an oil refinery owned by Marathon Petroleum and began on January 21, 2021, with members of Local 120 of the International Brotherhood of Teamsters alleging unfair labor practices and unsafe working conditions.
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.