Here's Why Hold Strategy is Apt for ConocoPhillips (COP) Now
Favorable oil price is aiding ConocoPhillips' (COP) bottom line. However, increasing production and operating expenses are hurting it.
Big Oil's M&A Splurge: Will the Buying Frenzy Continue?
Big Oil companies like ExxonMobil, Chevron and ConocoPhillips are using mergers and acquisitions to consolidate their future in a volatile and evolving market.
Does ConocoPhillips' Blockbuster Acquisition of Marathon Oil Make the Dividend Stock a Buy Now?
ConocoPhillips has a reputation for being reserved with its M&A activity. Marathon Oil generates a ton of free cash flow.
ConocoPhillips: Set For Accelerating Capital Returns
ConocoPhillips announced a merger deal with Marathon Oil last week, creating potential for synergy effects and dividend growth. The deal enhances ConocoPhillips' appeal as a capital return play, with a focus on high-impact production areas. ConocoPhillips plans to boost its dividend by 34% in Q4'24 and increase its stock buyback, providing value for investors.
Why ConocoPhillips (COP) is a Top Value Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
ConocoPhillips to Buy Marathon Oil: Energy ETFs to Gain
Amid the ongoing wave of consolidation in the U.S. oil and gas industry, ConocoPhillips (COP) has agreed to acquire Marathon Oil (MRO) in an all-stock deal worth $22.5 billion, including $5.4 billion in debt.
Trinidad court recognizes ConocoPhillips' $1.3 billion claim against Venezuela
U.S. oil firm ConocoPhillips won a Trinidad & Tobago court order granting it the right to enforce a $1.3 billion claim against Venezuela for past expropriations, casting a shadow over a proposed offshore natural gas venture between the two countries.
3 Energy Companies With Rock-Solid Balance Sheet to Watch (Revised)
EIA estimates the GDP growth rate to remain flat year over year in 2024 and decline in 2025, which may dampen energy demand. Hence, keep an eye on XOM, CVX, and COP with strong balance sheet.
ConocoPhillips (COP) to Buy Marathon Oil in a $22.5B Transaction
ConocoPhillips (COP) is set to acquire Marathon Oil in a $22.5 billion all-stock deal, adding more than 2 billion barrels of resources and significant cost synergies.
This $22.5-Billion Oil Company Acquisition Could Pay Big Dividends for Investors
ConocoPhillips is acquiring Marathon Oil in an all-stock deal. The transaction will enhance its already strong position across several top U.S. shale plays.
ConocoPhillips Bolsters U.S. Shale Assets With $22.5 Billion Acquisition Of Marathon Oil
ConocoPhillips ConocoPhillips announced plans to acquire Marathon Oil Marathon Oil Corporation through an all-stock transaction valued at $22.5 billion, including $5.4 billion in net debt. Marathon Oil shareholders will receive 0.2550 shares of ConocoPhillips common stock for each share of Marathon Oil common stock, reflecting a 14.7% premium over Marathon's closing share price on May 28, 2024, and a 16.0% premium to the 10-day volume-weighted average price.
Why ConocoPhillips Stock Is Falling Today
ConocoPhillips will acquire Marathon Oil in a mega-deal. The acquisition will immediately boost ConocoPhillips' earnings and cash flows.
