ConocoPhillips to buy Marathon Oil in $17 billion all-stock deal that bolsters shale assets

The acquisition will add 2 billion barrels of resources to ConocoPhillips' portfolio, extending its reach in shale fields in Texas, New Mexico and North Dakota.

May 30, 2024 - 03:00
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ConocoPhillips to buy Marathon Oil in $17 billion all-stock deal that bolsters shale assets
The acquisition will add 2 billion barrels of resources to ConocoPhillips' portfolio, extending its reach in shale fields in Texas, New Mexico and North Dakota.