Current：Home > StocksConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt -MoneyMatrix
ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt
View
Date：2025-04-11 17:21:38
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！ (116)
Related
- Travis Hunter, the 2
- As she nursed her mom through cancer and dementia, a tense relationship began to heal
- See How Kaley Cuoco, Keke Palmer and More Celebs Are Celebrating Mother's Day 2023
- Dakota Access Prone to Spills, Should Be Rerouted, Says Pipeline Safety Expert
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Americans were asked what it takes to be rich. Here's what they said.
- Ultra rare and endangered sperm whale pod spotted off California coast in once a year opportunity
- 5 low-key ways to get your new year off to a healthy start
- Grammy nominee Teddy Swims on love, growth and embracing change
- 9 wounded in Denver shooting near Nuggets' Ball Arena as fans celebrated, police say
Ranking
- Skins Game to make return to Thanksgiving week with a modern look
- California’s Wildfire and Climate Change Warnings Are Still Too Conservative, Scientist Says
- How our perception of time shapes our approach to climate change
- Seattle's schools are suing tech giants for harming young people's mental health
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- The FDA approves an Alzheimer's drug that appears to modestly slow the disease
- China Wins Approval for Giant Dam Project in World Heritage Site
- Mall operator abandons San Francisco amid retail exodus from city
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Two active-duty Marines plead guilty to Jan. 6 Capitol riot charges
See How Kaley Cuoco, Keke Palmer and More Celebs Are Celebrating Mother's Day 2023
Dakota Access Protest ‘Felt Like Low-Grade War,’ Says Medic Treating Injuries
The Best Stocking Stuffers Under $25
U.S. announces $325 million weapons package for Ukraine as counteroffensive gets underway
In memoriam: Female trailblazers who leapt over barriers to fight for their sisters
California’s Wildfire and Climate Change Warnings Are Still Too Conservative, Scientist Says