Search results
Results from the WOW.Com Content Network
The purchase price represents a 14.7% premium to the closing price of Marathon on May 28, giving the company an enterprise value (market cap plus debt) of $22.5 billion.
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 billion.
The acquisition price represents a 14.7% premium to the closing share price of Marathon Oil on May 28, 2024, and a 16.0% premium to the prior 10-day volume-weighted average price.
Main page; Contents; Current events; Random article; About Wikipedia; Contact us
In the latest trading session, Marathon Petroleum (MPC) closed at $98.70, marking a -1.39% move from the previous day.
The facility is owned by Marathon Petroleum. History. Crude oil was first produced in commercial quantities in North Dakota on April 4, 1951. Construction on the ...
For premium support please call: 800-290-4726 more ways to reach us
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.