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ConocoPhillips in advanced talks to buy Marathon Oil, FT reports
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ConocoPhillips in advanced talks to buy Marathon Oil, FT reports
May 29, 2024 12:29 AM

May 28 (Reuters) - ConocoPhillips ( COP ) is in advanced

talks to buy Marathon Oil ( MRO ) in an all-stock deal that

could value the Houston-based company at a little over its $15

billion market value, the Financial Times reported on Wednesday,

citing people briefed on the matter.

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