ConocoPhillips (COP)
3 Energy Companies With Rock-Solid Balance Sheet to Watch
EIA foresees no growth in GDP this year, with a projected downturn in the following year, consequently dampening energy demand. This highlights the need to keep an eye on XOM, CVX and COP.
Another Oil Megadeal: ConocoPhillips Agrees On Buying Marathon In $23 Billion Deal
ConocoPhillips plans to buy fellow American energy giant Marathon Oil in an all-stock deal worth a total of $22.5 billion, the companies announced Wednesday, marking the latest in a string of multibillion-dollar mergers and acquisitions deals in the energy industry.
Oil giant ConocoPhillips to buy Marathon Oil in $17.1bn deal
Takeover is latest by a US conglomerate gambling on fossil fuel production as profits surge on rising energy prices
ConocoPhillips to buy Marathon Oil in $22.5B deal
Under the agreement, ConocoPhillips will receive additional acreage to its existing U.S. onshore portfolio, adding over 2 billion barrels of resource.
ConocoPhillips to buy Marathon Oil at about a 15% premium
Marathon Oil Corp (NYSE: MRO) is up more than 10% in premarket on Wednesday after ConocoPhillips (NYSE: COP) said it will buy the hydrocarbon exploration firm for about $17.1 billion. Marathon Oil stock valued at a 15% premium The deal values $MRO at a near 15% premium versus its previous close.
Why ConocoPhillips' Possible $15 Billion Bid For Marathon Oil Is A Defensive Move
The energy sector is taking in the news of yet another potential oil and gas merger and acquisition (M&A) play, as reports suggest ConocoPhillips ConocoPhillips may be lining up all-stock bid for Marathon Oil Marathon Oil . But quite like many other traditional energy deals before it, this too appears to be about consolidation and not growth.
ConocoPhillips to buy Marathon Oil in $17.1 billion all-stock deal that bolsters shale assets
ConocoPhillips to buy Marathon Oil in $17.1 billion all-stock deal that bolsters shale assets
ConocoPhillips reportedly in advanced talks to acquire Marathon Oil in $15bn deal
ConocoPhillips (NYSE:COP, ETR:YCP) is in advanced talks to acquire Marathon Oil Corp (NYSE:MRO) in an all-stock transaction valued at over $15 billion, according to the Financial Times. The takeover could be announced soon, though there is still a chance it could fall apart or face a rival bid, the newspaper added.
Marathon Oil Stock Climbs on Report It Could Be Bought by ConocoPhillips
ConocoPhillips is in advanced talks to buy Marathon Oil, the Financial Times reports.
Why a possible ConocoPhillips/Marathon Oil merger may be the last among the majors
With ConocoPhillips reportedly on the cusp of an all-stock deal to buy Marathon Oil Corp., the end of several years of consolidation among the industry's big players is nigh.
ConocoPhillips in advanced talks to buy Marathon Oil, FT reports
ConocoPhillips is in advanced talks to buy Marathon Oil in an all-stock deal that could value the Houston-based company at a little over its $15 billion market value, the Financial Times reported on Wednesday, citing people briefed on the matter.
3 High-Yielding Oversold Stocks with Bullish Ratings
Amidst current global tensions and notable market fluctuations and uncertainties, investors might increasingly be looking towards defensive sectors, particularly oversold stocks offering high dividends.
