MRO News and Press, Marathon Oil Corporation From 05/31/24

2024-05-31 15:03:19 ET Summary WisdomTree U.S. Value Fund ETF is an actively managed ETF with a focus on high shareholder yield and quality characteristics. The WTV ETF has a tilt towards mid-caps and financials, but is well-diversified across sectors and holdings. WTV has out...

2024-05-31 09:38:24 ET Summary Marathon Oil Corporation shares closed up 8.4% after the announcement of its acquisition by ConocoPhillips in a $22.5 billion all-stock deal. The transaction values Marathon Oil appropriately compared to similar companies, but the energy space as a w...

2024-05-31 09:07:00 ET Shares of Marathon Oil (NYSE: MRO) rallied 10.4% through Thursday trading, according to data from S&P Global Market Intelligence . The rally was due to the merger agreement that was struck on Wednesday with oil and gas giant ConocoPhillips (N...

2024-05-31 08:08:15 ET Summary ConocoPhillips announced the acquisition of Marathon Oil to create a combined company with a potential valuation of over $150 billion. The transaction is expected to be immediately accretive to FCF per share, with $500 million in identified savings. ...

2024-05-30 14:29:15 ET Summary ConocoPhillips announced the acquisition of Marathon Oil for $22.5B including $5.4B in assumed debt with closing scheduled for Q4. Deal adds additional scale with Conoco becoming the 6th largest Western oil company by output and increases US share of...

2024-05-30 11:09:08 ET Summary ConocoPhillips acquires Marathon Oil in a $22.5 billion all-stock deal, adding scale and potential synergies. ConocoPhillips increases its quarterly dividend by 34% and plans to buy back $7 billion of its shares this year. Despite initial shareho...

2024-05-30 05:47:00 ET A consolidation wave continues to wash over the oil patch. ExxonMobil kicked off the current boom in mergers and acquisitions last year with its recently closed $60 billion deal for Pioneer Natural Resources. Rival Chevron followed wi...

2024-05-29 14:21:57 ET Summary ConocoPhillips announces the acquisition of Marathon Oil Corporation for .2550 shares of ConocoPhillips common stock and the assumption of debt. Integration benefits for shareholders will lead to a dividend increase and an enhanced stock buyback prog...

2024-05-29 14:00:06 ET More on Energy Select Sector SPDR ETF LNG Exports And Natural Gas Dynamics XLE: Double Digit Dividend Growth Should Be Sustainable Transitioning: Mining, Minerals And Sustainable Developments GTE, INDO among major energy gainers; RCON m...

2024-05-29 13:51:54 ET Shares of ConocoPhillips (NYSE: COP) tumbled this morning and were trading 3.5% lower as of 11:30 a.m. ET on Wednesday. With several of its peers on a buying spree in recent months, today's big announcement from ConocoPhillips shouldn't have surprised inve...