bullish

Marathon Oil

ConocoPhillips/Marathon Oil and Shale Consolidation

260 Views05 Jun 2024 06:56
​Conocophillips to acquire Marathon Oil in $22.5 billion all-stock deal, focusing on consolidation in Permian Basin for cost reduction and profitability.
What is covered in the Full Insight:
  • Offer announcement
  • Shale consolidation
  • Rationale
  • Conditions and approvals
  • Conclusions
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Jesus Rodriguez Aguilar
European Event-Driven Analyst
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