Current：Home > FinanceConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt -Mastery Money Tools
ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt
View
Date：2025-04-25 00:43:33
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！ (3)
Related
- Meta donates $1 million to Trump’s inauguration fund
- The Trump Organization has been ordered to pay $1.61 million for tax fraud
- NTSB head warns of risks posed by heavy electric vehicles colliding with lighter cars
- Divers say they found body of man missing 11 months at bottom of Chicago river
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Ray Lewis’ Son Ray Lewis III’s Cause of Death Revealed
- A Delta in Distress
- Can you use the phone or take a shower during a thunderstorm? These are the lightning safety tips to know.
- Could your smelly farts help science?
- NYC nurses are on strike, but the problems they face are seen nationwide
Ranking
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Q&A: A Republican Congressman Hopes to Spread a New GOP Engagement on Climate from Washington, D.C. to Glasgow
- Did AI write this headline?
- The Acceleration of an Antarctic Glacier Shows How Global Warming Can Rapidly Break Up Polar Ice and Raise Sea Level
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- In 2018, the California AG Created an Environmental Justice Bureau. It’s Become a Trendsetter
- Eminent Domain Lets Pipeline Developers Take Land, Pay Little, Say Black Property Owners
- Here's the latest on the NOTAM outage that caused flight delays and cancellations
Recommendation
See you latte: Starbucks plans to cut 30% of its menu
Drier Springs Bring Hotter Summers in the Withering Southwest
J.Crew’s 50% Off Sale Is Your Chance To Stock Up Your Summer Wardrobe With $10 Tops, $20 Shorts, And More
In a Dry State, Farmers Use Oil Wastewater to Irrigate Their Fields, but is it Safe?
Dick Vitale announces he is cancer free: 'Santa Claus came early'
This AI expert has 90 days to find a job — or leave the U.S.
Colorado woman dies after 500-foot fall while climbing at Rocky Mountain National Park
Zendaya Feeds Tom Holland Ice Cream on Romantic London Stroll, Proving They’re the Coolest Couple