Current：Home > reviewsConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt -Prime Capital Blueprint
ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt
View
Date：2025-04-14 11:07:49
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！ (968)
Related
- Former longtime South Carolina congressman John Spratt dies at 82
- Ravens announce Mark Andrews' car crash, coach Joe D'Alessandris' illness
- Contenders in key Wisconsin Senate race come out swinging after primaries
- Vanessa Lachey and Nick Lachey Are Moving Out of Hawaii With 3 Kids
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Sister Wives Season 19 Trailer Shows Kody Brown's Relationships Unravel After Marrying Wrong Person
- Justin Herbert injury concerns could zap Chargers' season, but Jim Harbaugh stays cool
- What we know about suspected Iranian cyber intrusion in the US presidential race
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- PHOTO COLLECTION: AP Top Photos of the Day Tuesday August 13, 2024
Ranking
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- As 'Golden Bachelorette' premiere nears, 'Hot Dad' Mark Anderson is already a main man
- FTC ban on noncompete agreements comes under legal attack
- Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Jurors to hear opening statements in trial of ex-politician accused of killing Las Vegas reporter
- Unbeatable Free People Deals Under $50: Score Bestselling Styles Starting at $19.97 and Save Up to 66%
- Back-to-school-shopping 2024: See which 17 states offer sales-tax holidays
Recommendation
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
4 family members killed after suspected street race resulted in fiery crash in Texas
Why should an employee be allowed to resign instead of being fired? Ask HR
Kylie Jenner opens up about motherhood in new interview: 'I'm finally feeling like myself'
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Idaho farmer goes viral after trading in his F-250 for a Cybertruck: 'It’s really fast'
Are streaming bundles really worth it? Everything to know about the latest TV trend
Best Halloween Fashion Finds That Are Spooky, Stylish, and Aren’t Costumes—Starting at $8