ConocoPhillips and Marathon Oil Merge in $22.5 Billion Deal, Extending Industry Consolidation ConocoPhillips has agreed to acquire Marathon Oil for $22.5 billion, continuing a trend of major mergers in the oil and gas sector aimed at strengthening reserves. This follows a highly active year in the industry, with $250 billion in mergers and acquisitions in 2023, driven by a booming stock market and record U.S. oil production. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Prices Shatter Records: Inflation Data Fuels Rate Cut Speculations READ MORE SAXO Bank: Can Gold Overcome the ‘September Curse’? READ MORE Fed's Goolsbee Says Central Bank Will 'Fix' the Economy READ MORE Tax Season and Rising Debt Costs Push U.S. February Deficit Wider READ MORE 446 Days and Counting: Recession Signal Fails to Predict Economic Downturn READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment