Acquiring Company
ConocoPhillips
Acquired Company
Marathon Oil
HoustonHoustonEnergyOil And GasEnergyOil And GasDescription
ConocoPhillips has entered into a definitive agreement to acquire Marathon Oil Corporation in an all-stock transaction with an enterprise value of $22.5 billion. The acquisition is expected to deepen ConocoPhillips' portfolio and add high-quality, low cost of supply inventory adjacent to its leading U.S. unconventional position.
Quick answer
ConocoPhillips is acquiring Marathon Oil, announced May 29, 2024. ConocoPhillips is based in Houston, Texas, United States.
- How much did ConocoPhillips pay for Marathon Oil?
- The deal value was not disclosed.
- What does ConocoPhillips do?
- Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 15 countries, $85 billion of total assets, and approximately 10,100 employees at June 30, 2021.
- Where are ConocoPhillips and Marathon Oil based?
- ConocoPhillips is based in Houston, Texas, United States. Marathon Oil is based in Houston, Texas, United States.
- Who are the decision-makers at ConocoPhillips?
- Fundz holds 4 contacts at ConocoPhillips. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at ConocoPhillips, and when
When ConocoPhillips changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day ConocoPhillips raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at ConocoPhillips, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Marathon Oil?
Marathon Oil was acquired by ConocoPhillips, based in Houston. The deal was reported on May 29, 2024. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 15 countries, $85 billion of total assets, and approximately 10,100 employees at June 30, 2021. ConocoPhillips is publicly traded (COP) and operates in Energy.
When did ConocoPhillips acquire Marathon Oil?
ConocoPhillips's acquisition of Marathon Oil was reported on May 29, 2024. ConocoPhillips has entered into a definitive agreement to acquire Marathon Oil Corporation in an all-stock transaction with an enterprise value of $22.5 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Marathon Oil do?
Marathon Oil (NYSE: MRO) is an independent oil and gas exploration and production (E&P) company focused on four of the most competitive resource plays in the U.S. It is privately held, operating in Energy, and is based in Houston.
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