Current：Home > FinanceConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt -Aspire Financial Strategies
ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt
View
Date：2025-04-16 10:52:30
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！ (252)
Related
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Too Faced Cosmetics 2 for the Price of 1 Deal: Better Than Sex Mascara and Damn Girl Mascara
- Sleek and shiny torch for Paris Olympics unveiled with carbon footprint in mind and a year to go
- TikTok's Favorite Fenty Beauty by Rihanna Lip Gloss Is Finally Back in Stock
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- How Matthew Rhys Figured Out His Perry Mason Season 2 Performance “In Real Time”
- King Charles III visit to France delayed by protests as anger mounts over Macron's pension reforms
- How Riley Keough's Husband Ben Smith-Petersen Played a Role in Daisy Jones and The Six
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- How Sofia Carson Is Preparing for 2023 Oscars Performance After Song’s Surreal Nomination
Ranking
- The White House is cracking down on overdraft fees
- See Meghan Markle's Royally Chic Black Leather Look for Her Date Night With Prince Harry
- American held hostage since 2016 in West Africa released
- Today's Craig Melvin Teases Return of Hoda Kotb and Savannah Guthrie Amid Absences
- Global Warming Set the Stage for Los Angeles Fires
- Fire that engulfed Notre Dame cathedral exposes long-hidden secret inside Paris landmark
- Matthew McConaughey Shares Photo of Son Levi, 14, After Surfing Injury
- Revolve's One-Day Only Sitewide Anniversary Sale Has the Trendiest Spring Styles
Recommendation
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Sleek and shiny torch for Paris Olympics unveiled with carbon footprint in mind and a year to go
Heather Rae El Moussa Teases Her Future on Selling Sunset
-
Heather Rae El Moussa Teases Her Future on Selling Sunset
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
Matthew McConaughey's Wife Camila Alves Details Scary Plane Experience With Emergency Landing
The Super Mario Bros. Movie Director Defends Controversial Chris Pratt Casting
Get a Tan in 1 Hour and Save 55% On St. Tropez Express Self-Tanning Mousse