Current：Home > FinanceConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt -WealthRoots Academy
ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt
View
Date：2025-04-16 00:22:29
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！ (8)
Related
- Rylee Arnold Shares a Long
- Reds honor Pete Rose with a 14-hour visitation at Great American Ball Park
- Will Trump’s hush money conviction stand? A judge will rule on the president-elect’s immunity claim
- Anti-abortion advocates press Trump for more restrictions as abortion pill sales spike
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Reds honor Pete Rose with a 14-hour visitation at Great American Ball Park
- We Can Tell You How to Get to Sesame Street—and Even More Secrets About the Beloved Show
- Jordan Chiles Reveals She Still Has Bronze Medal in Emotional Update After 2024 Olympics Controversy
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- 'Joker 2' actor pans DC sequel as the 'worst film' ever: 'It has no plot'
Ranking
- North Carolina justices rule for restaurants in COVID
- Deion Sanders addresses trash thrown at team during Colorado's big win at Texas Tech
- Bradley Cooper and Gigi Hadid Enjoy a Broadway Date Night and All that Jazz
- What Happened to Kevin Costner’s Yellowstone Character? John Dutton’s Fate Revealed
- New data highlights 'achievement gap' for students in the US
- Taylor Swift's Mom Andrea Gives Sweet Nod to Travis Kelce at Chiefs Game
- Taking stock of bonds: Does the 60/40 rule still have a role in retirement savings?
- Pete Rose fans say final goodbye at 14-hour visitation in Cincinnati
Recommendation
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Stocks soared on news of Trump's election. Bonds sank. Here's why.
Horoscopes Today, November 9, 2024
Utah AD Mark Harlan fined $40,000 for ripping referees and the Big 12 after loss to BYU
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Rita Ora Says Liam Payne “Left Such a Mark on This World” in Emotional Tribute
Deion Sanders addresses trash thrown at team during Colorado's big win at Texas Tech
These Michael Kors’ Designer Handbags Are All Under $150 With an Extra 22% off for Singles’ Day