ConocoPhillips and Marathon Oil Corporation announced Wednesday the companies have entered into a definitive agreement in which ConocoPhillips will acquire Marathon Oil in an all-stock transaction, with an enterprise value of $22.5 billion, to include $5.4 billion of net debt. ConocoPhillips, one of the world’s largest energy companies, is Alaska’s largest oil producer and has … Continue reading Breaking: ConocoPhillips to acquire Marathon Oil