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  2. ConocoPhillips-Marathon Oil come to terms - AOL

    www.aol.com/conocophillips-marathon-oil-come...

    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 ...

  3. ConocoPhillips To Acquire Marathon Oil In All-Stock Deal At ...

    www.aol.com/finance/conocophillips-acquire...

    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 ...

  4. ConocoPhillips's $22.5 billion deal for Marathon Oil ... - AOL

    www.aol.com/finance/conocophillipss-22-5-billion...

    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.

  5. ConocoPhillips - Wikipedia

    en.wikipedia.org/wiki/ConocoPhillips

    In September 2021, ConocoPhillips announced it would buy all of Royal Dutch Shell PLC's assets in the Permian basin for around $9.5 billion in cash. [ 57 ] In June 2022, ConocoPhillips became one of the stakeholders in the joint venture with QatarEnergy for the North Field East (NFE) expansion, holding 3.125%, as well as holding 6.25% stakes in ...

  6. Does ConocoPhillips' Blockbuster Acquisition of Marathon Oil ...

    www.aol.com/does-conocophillips-blockbuster...

    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 ...

  7. Conoco - Wikipedia

    en.wikipedia.org/wiki/Conoco

    The "Continental Oil and Transportation Company" was founded by Isaac Elder Blake in November 1875. [9] [10] Based in Ogden, Utah, the company distributed the recently discovered mineral resources of petroleum / oil (first found in August 1859 by Edwin Drake (1819-1880), in a well drilled at Oil Creek, near Titusville, (Crawford County), in the far northwestern corner of Pennsylvania) and its ...

  8. ConocoPhillips buying Marathon Oil for $17.1 billion in all ...

    www.aol.com/news/conocophillips-buying-marathon...

    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 ...

  9. Diversified Energy - Wikipedia

    en.wikipedia.org/wiki/Diversified_Energy

    Diversified Energy primarily purchases end-of-life wells from major producers. These wells are inexpensive because state law requires non-producing wells be plugged, and the wells are priced with the expectation that they will have to be plugged in the near future. This is an expensive procedure, though.

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