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  2. 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.

  3. ConocoPhillips is buying Marathon Oil in $22.5 billion deal - AOL

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

    Marathon Oil shareholders will receive 0.255 ConocoPhillips shares for each Marathon share they own, representing a 14.7% premium to the closing price on Tuesday. ... The merger of the Houston ...

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

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

    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 ...

  5. Marathon Oil - Wikipedia

    en.wikipedia.org/wiki/Marathon_Oil

    In 2011, Marathon completed the corporate spin-off of Marathon Petroleum, distributing a 100% interest to its shareholders. [18] In June 2013, Marathon sold its Angolan oil and gas field to Sinopec for $1.52 billion. [19] In September 2013, Marathon sold a 10% stake in an oil and gas field offshore Angola for $590 million to Sonangol Group. [20]

  6. Concho Resources - Wikipedia

    en.wikipedia.org/wiki/Concho_Resources

    In 2021, the company was acquired by ConocoPhillips. As of December 31, 2019, the company had 1,002 million barrels of oil equivalent (6.13 × 10 9 GJ) of estimated proved reserves, of which 63% was petroleum and natural gas liquids and 37% was natural gas. Of these reserves, 55% were in the Delaware Basin and 45% were in the Midland Basin. [1]

  7. ConocoPhillips-Marathon Oil come to terms - AOL

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

    ConocoPhillips Chairman-CEO Ryan Lance said the merger "further deepens our portfolio and fits within our financial framework, adding the high-quality, low-cost of supply inventory adjacent to our ...

  8. ConocoPhillips - Wikipedia

    en.wikipedia.org/wiki/ConocoPhillips

    In June 2011, ConocoPhillips China Inc., a wholly owned subsidiary of ConocoPhillips, was responsible for the 2011 Bohai bay oil spills in Bohai Bay. [ 81 ] In 2015, ConocoPhillips and Phillips 66 agreed to pay $11.5 million to settle a lawsuit alleging that hundreds of their gas stations violated California anti-pollution laws since 2006.

  9. 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 ...