Marathon Oil stock joined ConocoPhillips in a USD 22.5 billion deal

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Marathon Oil stock joined ConocoPhillips in a USD 22.5 billion deal
Marathon Oil Corporation was acquired by ConocoPhillips in a USD 22.5 billion deal completed in November 2024, ending its run as an independent public company. The acquisition integrated Marathon Oil's exploration and production assets into ConocoPhillips' larger portfolio. Investors are advised to differentiate Marathon Oil (MRO) from Marathon Petroleum (MPC) due to a 2011 corporate split that created two distinct energy companies.
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