Current：Home > MarketsConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt -BeyondProfit Compass
ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt
View
Date：2025-04-17 17:46:21
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！ (2)
Related
- Questlove charts 50 years of SNL musical hits (and misses)
- Former Democratic minority leader Skaff resigns from West Virginia House
- Making of Colts QB Anthony Richardson: Chasing Tebow, idolizing Tom Brady, fighting fires
- Celebrity couples keep breaking up. Why do we care so much?
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- GMA's Robin Roberts Marries Amber Laign
- Exclusive: 25 years later, Mark McGwire still gets emotional reliving 1998 Home Run Chase
- Artificial intelligence technology behind ChatGPT was built in Iowa -- with a lot of water
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Kroger to pay up to $1.4 billion to settle lawsuits over its role in opioid epidemic
Ranking
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Governor suspends right to carry firearms in public in this city due to gun violence
- Vicky Krieps on the feminist Western ‘The Dead Don’t Hurt’ and how she leaves behind past roles
- What's causing massive seabird die-offs? Warming oceans part of ecosystem challenges
- 'Most Whopper
- Authorities search for grizzly bear that mauled a Montana hunter
- Huawei is releasing a faster phone to compete with Apple. Here's why the U.S. is worried.
- Children in remote Alaska aim for carnival prizes, show off their winnings and launch fireworks
Recommendation
The Grammy nominee you need to hear: Esperanza Spalding
Judge denies Mark Meadows' bid to remove his Georgia election case to federal court
Judge denies Mark Meadows’ request to move his Georgia election subversion case to federal court
Without Messi, Inter Miami takes on Sporting Kansas City in crucial MLS game: How to watch
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
A man convicted of murder in Massachusetts in 1993 is getting a new trial due to DNA evidence
IRS targets 1,600 millionaires who owe at least $250,000
The Secret to Ozzy Osbourne and Sharon Osbourne's 40-Year Marriage Revealed