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Another big M&A announcement in the oil patch is making news after ConocoPhillips (COP) said it will buy Marathon Oil (MRO) for $17.1 billion in stock. The deal includes $5.4 billion in debt ...
Per the terms of the deal, Marathon Oil shareholders will receive 0.2550 shares of ConocoPhillips common stock for each share of Marathon Oil common stock. This represents a 14.7% premium to ...
The company said that once the Marathon Oil deal closes and assuming recent commodity prices, ConocoPhillips plans to buy back more than $7 billion in shares in the first full year. It plans to ...
The company said that once the Marathon Oil deal closes and assuming recent commodity prices, ConocoPhillips plans to buy back more than $7 billion in shares in the first full year. It plans to ...
Amid the ongoing wave of consolidation in the U.S. oil and gas industry, ConocoPhillips COP has agreed to acquire Marathon Oil MRO in an all-stock deal worth $22.5 billion, including $5.4 billion ...
The company said that once the Marathon Oil deal closes and assuming recent commodity prices, ConocoPhillips plans to buy back more than $7 billion in shares in the first full year. It plans to ...
HOUSTON, May 29 (Reuters) - Top U.S. independent oil and gas producer ConocoPhillips (COP.N), opens new tab on Wednesday agreed to buy Marathon Oil (MRO.N), opens new tab for $22.5 billion ...
ConocoPhillips (COP) said the acquisition of Marathon (MRO ... a holding of Berkshire Hathaway (BRK.B), agreed to buy U.S. shale-oil producer CrownRock in a $12 billion cash and stock deal.
ConocoPhillips has a reputation for being reserved with its M&A activity. Marathon Oil generates a ton of free cash flow. ConocoPhillips will use that cash to reward shareholders with higher ...
ConocoPhillips announced on Wednesday that it will buy Marathon Oil in an all-stock deal valued at $22.5 billion, including $5.4 billion of debt. Marathon Oil shareholders will receive 0.2550 ...
1yon MSN
ConocoPhillips (NYSE: COP) made a splash on May 29 when it announced an all-stock acquisition of Marathon Oil (NYSE: MRO).
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