Oil giants ConocoPhillips, Marathon Oil merge

Name: Oil giants ConocoPhillips, Marathon Oil merge
Uploaded: 2024-05-29T23:44:50Z
Duration: 3 min 9 s
Description: Two Houston-based oil giants have agreed on an acquisition deal valued at more than $17 billion. ConocoPhillips is buying Marathon Oil and says the deal adds complementary properties to its existing US portfolio. Energy analyst Andrew Lipow joins FOX 26 to give more insight on the merger.

Two Houston-based oil giants have agreed on an acquisition deal valued at more than $17 billion. ConocoPhillips is buying Marathon Oil and says the deal adds complementary properties to its existing US portfolio. Energy analyst Andrew Lipow joins FOX 26 to give more insight on the merger.

Posted May 29, 2024 6:44pm CDT