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Assets
Financial performance
2023
History
2024: ConocoPhillips bought Marathon Oil
The American oil producer ConocoPhillips at the end of May 2024 announced the acquisition of its competitor Marathon Oil Corporation for $17 billion in a stock exchange deal. It is the largest merger in the U.S. oil and gas sector in recent years. Read more here.
2020: Purchase of US shale oil producer Concho Resources
In mid-October 2020, ConocoPhillips bought American shale oil producer Concho Resources for $9.7 billion. It is reported that the entire amount will be paid in shares. Read more here.
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