Current：Home > ScamsTrendPulse|ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt -Capitatum
TrendPulse|ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt
Rekubit View
Date：2025-04-06 18:12:58
NEW YORK (AP) — ConocoPhillips is TrendPulsebuying 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！ (69)
Related
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- What is code-switching? Why Black Americans say they can't be themselves at work
- Corbin Burnes trade grades: Orioles strike gold by acquiring Cy Young winner
- Small plane crashes into Florida mobile home park, sets 4 residences on fire
- Nevada attorney general revives 2020 fake electors case
- Federal authorities investigate suspected arson at offices of 3 conservative groups in Minnesota
- Why is Mayorkas being impeached? What to know about the House's push to punish the DHS secretary
- Hulu to enforce new restrictions on widespread subscription sharing
- $73.5M beach replenishment project starts in January at Jersey Shore
- NPR's Student Podcast Challenge is back – with a fourth-grade edition!
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Prosecutors in classified files case say Trump team’s version of events ‘inaccurate and distorted’
- Jeremy Renner Shares Why He’s “Not Afraid” of Death After Scary Snowplow Accident
- A year on, a small Ohio town is recovering from a fiery train derailment but health fears persist
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- What is wasabi and why does it have such a spicy kick?
- 2 men claim $1 million lottery prizes from same game within 25 minutes of each other
- General Hospital Star Tyler Christopher's Autopsy Report Reveals New Details on Cause of Death
Recommendation
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
Incriminating letter points to the kidnapping of Sacramento father, say prosecutors
'Beetlejuice 2' movie poster unveils Tim Burton sequel's cheeky title, release date
Quaker Oats recall expanded, granola bar added: See the updated recall list
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
Civil rights activist, legendary radio host Joe Madison passes away at 74
Why Shawn Johnson’s Son Jett Has Stuck the Landing on His Vault to Big Brother
Tom Hollander remembers late 'Feud' co-star Treat Williams: 'We haven't really mourned him'