Current：Home > NewsConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt -Secure Horizon Growth
ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt
View
Date：2025-04-15 06:19:03
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！ (815)
Related
- Trump issues order to ban transgender troops from serving openly in the military
- More than 200 dead after Congo floods, with many more missing, officials say
- Prince Harry at the coronation: How the royal ceremonies had him on the sidelines
- Twitter layoffs begin, sparking a lawsuit and backlash
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Elon Musk allows Donald Trump back on Twitter
- The Bachelor: How Zach's No Sex Fantasy Suites Week Threw Things Into Chaos
- Ulta 24-Hour Flash Sale: Take 50% Off Alicia Keys' Keys Soulcare, First Aid Beauty, Urban Decay, and More
- Sonya Massey's father decries possible release of former deputy charged with her death
- Arrest of ex-Pakistan leader Imran Khan hurls country into deadly political chaos
Ranking
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Chaos reigns at Twitter as Musk manages 'by whims'
- FTX investors fear they lost everything, and wonder if there's anything they can do
- 'The Callisto Protocol' Review: Guts, Death, and Robots
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- France launches war crime investigation after reporter Arman Soldin killed in Ukraine
- Fears of crypto contagion are growing as another company's finances wobble
- Big Little Lies' Alexander Skarsgård Confirms He Welcomed First Baby With Tuva Novotny
Recommendation
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
It seems like everyone wants an axolotl since the salamander was added to Minecraft
Bridgerton's Simone Ashley Confirms Romance With Tino Klein
How the Glamorous Hairstyles on Marie Antoinette Tell Their Own Stories
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Kanye West to buy the conservative-friendly social site Parler
Autopsies on corpses linked to Kenya starvation cult reveal missing organs; 133 confirmed dead
Twitter layoffs begin, sparking a lawsuit and backlash