The oil company sent investors $9.1 billion last year via dividends and share repurchases. Based on current commodity prices, ...
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On an adjusted basis, excluding the impact of one-off items tied to the Marathon Oil purchase, ConocoPhillips earned $1.98 a share, eclipsing the average Wall Street expectation of $1.83 a share ...
ConocoPhillips on Wednesday announced an all-stock deal for Marathon Oil Corp. that values the latter at $17.5 billion, in ...
Marathon Oil will lay off more than 500 people as result of its $22.5 billion merger with oil giant ConocoPhillips, the company said in a letter to the Texas Workforce Commission this week.
Canadian oil producers would absorb most of the cost of U.S. tariffs, while a smaller share of the added cost would be passed on to U.S. consumers. Marathon Petroleum Chief Executive Maryann Mannen ...
Another big M&A announcement in the oil patch is making news after ConocoPhillips (COP) said it will buy Marathon Oil (MRO) for $17.1 billion in stock. The deal includes $5.4 billion in debt ...