Marathon Oil to be delisted Friday after sale to ConocoPhillips
seekingalpha
2024-11-22
JHVEPhoto/iStock Editorial via Getty Images
Marathon Oil Corp. (NYSE:MRO) is set to be delisted from the New York Stock Exchange on Friday after completing its sale to ConocoPhillips (COP).
Marathon Oil's (MRO) effective date is Friday, according to a New York Stock Exchange delisting notice on Thursday.
ConocoPhillips (COP) agreed to purchase Marathon Oil in an all-stock deal with an enterprise value of $22.5 billion, including $5.4 billion, of net debt in late May.