The deal allows ConocoPhillips to expand its presence in several key U.S. shale basins including in Texas and North Dakota.
ConocoPhillips to Acquire Marathon Oil in $17.1 Billion All-Stock Deal
![ConocoPhillips to Acquire Marathon Oil in $17.1 Billion All-Stock Deal](https://insighttribune.com/wp-content/uploads/2024/05/ConocoPhillips-to-Acquire-Marathon-Oil-in-171-Billion-All-Stock-Deal.jpeg)
The deal allows ConocoPhillips to expand its presence in several key U.S. shale basins including in Texas and North Dakota.