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Hace 2 días · Erin Schaff/The New York Times. By Bernhard Warner and Rebecca F. Elliott. May 29, 2024. ConocoPhillips agreed on Wednesday to acquire its smaller rival, Marathon Oil, the latest deal in a wave of ...
Hace 2 días · Until 1962, Marathon Oil was called The Ohio Oil Company, which was founded in 1887 and was bought two years later by John D. Rockefeller’s Standard Oil.
Hace 2 días · Top U.S. independent oil and gas producer ConocoPhillips on Wednesday agreed to buy Marathon Oil for $22.5 billion, the latest in a series of mega-deals in the energy industry.
Hace 2 días · 281-293-5000. investor.relations@conocophillips.com. About Marathon Oil. Marathon Oil (NYSE: MRO) is an independent oil and gas exploration and production (E&P) company focused on four of the most competitive resource plays in the U.S. - Eagle Ford, Texas; Bakken, North Dakota; Permian in New Mexico and Texas, and STACK and SCOOP in Oklahoma ...
Hace 2 días · In a joint release on Wednesday, the companies announced that ConocoPhillips ConocoPhillips 0.0% will acquire Marathon Oil in an all-stock transaction with a total deal value of $22.5 billion ...
Hace 2 días · ConocoPhillips agreed to acquire Marathon Oil Corp. in an all-stock deal valuing the company at about $17 billion, extending a major buying spree among the largest players in the US oil and gas ...
Hace 2 días · Separate from the transaction, ConocoPhillips said that it anticipates raising its ordinary dividend by 34% to 78 cents per share starting in the fourth quarter. 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.
