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ConocoPhillips in Talks to Acquire Marathon Oil, FT Reports

(Bloomberg) ConocoPhillips is in advanced talks to acquire Marathon Oil Corp., which would extend a major wave of consolidation among the US oil and gas industry, the Financial Times reported.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughMortgages Stuck Around 7% Force Ra ....

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ConocoPhillips to Acquire Marathon Oil in $17 Billion Deal

(Bloomberg) ConocoPhillips agreed to acquire Marathon Oil Corp. in an all-stock deal valuing the company at about $17 billion, extending a major buying spree among the largest players in the US oil and gas industry.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarNew BYD Hybrid Can Drive Non-Stop for More Than 2,000 Kilometers‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpTreasuries H ....

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