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ConocoPhillips Buys Marathon Oil For $17.1B As Energy Prices Rise

Started by RSS Bot, Wed May 29, 2024 - 13:20:09

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Wed May 29, 2024 - 13:20:09
ConocoPhillips Buys Marathon Oil For $17.1B As Energy Prices Rise

ConocoPhillips agreed to buy Marathon Oil for $17.1 billion on Wednesday in an all-stock transaction, which will increase the company's assets as the broader oil and gas industry undergoes a major wave of unification. 

Source: ConocoPhillips Buys Marathon Oil For $17.1B As Energy Prices Rise
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