Current：Home > ContactConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt -WealthGrow Network
ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt
View
Date：2025-04-11 16:16:28
NEW YORK (AP) — ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion.
The deal is valued at $22.5 billion when including $5.4 billion in debt.
Marathon Oil shareholders will receive 0.2550 shares of ConocoPhillips common stock for each share of Marathon Oil common stock that they own.
The deal is expected to close in the fourth quarter. It still needs approval from Marathon Oil stockholders.
veryGood！ (33875)
Related
- Where will Elmo go? HBO moves away from 'Sesame Street'
- A career coach unlocks the secret to acing your job interview and combating anxiety
- Alabama executes convicted murderer James Barber in first lethal injection since review after IV problems
- The Justice Department adds to suits against Norfolk Southern over the Ohio derailment
- Bodycam footage shows high
- What's the cure for America's doctor shortage?
- Washington Commanders owner Dan Snyder fined $60 million in sexual harassment, financial misconduct probe
- Inside Clean Energy: Offshore Wind Takes a Big Step Forward, but Remains Short of the Long-Awaited Boom
- Sam Taylor
- The Biden Administration Takes Action on Toxic Coal Ash Waste, Targeting Leniency by the Trump EPA
Ranking
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- What the bonkers bond market means for you
- The NBA and its players have a deal for a new labor agreement
- What to know about 4 criminal investigations into former President Donald Trump
- Could your smelly farts help science?
- 6 people hit by car in D.C. hospital parking garage
- Nations Most Impacted by Global Warming Kept Out of Key Climate Meetings in Glasgow
- Tech leaders urge a pause in the 'out-of-control' artificial intelligence race
Recommendation
Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
As Illinois Strains to Pass a Major Clean Energy Law, a Big Coal Plant Stands in the Way
The president of the United Auto Workers union has been ousted in an election
6 people hit by car in D.C. hospital parking garage
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Hyundai and Kia recall 571,000 vehicles due to fire risk, urge owners to park outside
State Tensions Rise As Water Cuts Deepen On The Colorado River
Honda recalls more than 330,000 vehicles due to a side-view mirror issue