ConocoPhillips-Marathon Merger Hits Hurdle: FTC Requests More Info, Delays Deal
ConocoPhillips-Marathon Merger Hits Hurdle: FTC Requests More Info, Delays Deal
In May, ConocoPhillips disclosed a definitive deal to acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion.On Thursday, ConocoPhillips (NYSE:COP) and Marathon Oil Corporation (NYSE:MRO) received a Second Request from the Federal Trade Commission (FTC) to extend the Hart-Scott-Rodino waiting period.
康菲石油（紐交所：COP）和馬拉松石油公司（紐交所：MRO）於週四收到美國聯邦貿易委員會（FTC）的第二份請求，延長哈特-斯科特-羅丁奧等待期。
The merger will proceed after the FTC review and fulfillment of other conditions in the merger agreement.
在FTC審查和完成併購協議中的其他條件後，合併將繼續進行。
ConocoPhillips and Marathon are working with the FTC on its review and expect the merger to be completed in the fourth quarter of 2024, pending regulatory approvals and Marathon stockholder approval.
康菲石油和馬拉松正在與FTC合作進行審查，並希望併購將在2024年第四季度完成，待監管批准和馬拉松股東批准。
In May, ConocoPhillips disclosed a definitive deal to acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion.
今年5月，康菲石油披露了一項明確的交易，通過以出售股票的方式收購馬拉松石油，該交易的企業價值爲225億美元。
This acquisition is anticipated to add over 2 billion barrels of resource with an estimated average point forward cost of supply of less than $30 per barrel WTI to ConocoPhillips' existing U.S. onshore portfolio.
此次收購預計將爲康菲石油的現有美國陸上組合增加超過20億桶資源，估計未來成本供應平均點低於30美元/桶WTI。
Investors can gain exposure to COP via IShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO) and Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI).
投資者可以通過Ishares美國石油和天然氣勘探和生產ETF（BATS:IEO）和Westwood Salient Enhanced Energy Income ETF（納斯達克：WEEI）獲得COP股票。
Investors can gain exposure to MRO via Invesco Energy Exploration & Production ETF (NYSE:PXE) and Invesco S&P 500 Equal Weight Energy ETF (NYSE:RSPG).
投資者可以通過景順能源勘探和生產ETF（紐交所：PXE）和景順標準普爾500等權重能源ETF（紐交所：RSPG）獲得MRO股票。
Also Read: ConocoPhillips Set For Growth With Marathon Oil Acquisition: Analysts Anticipate Accretive Financials And Enhanced Asset Base
也可閱讀：康菲石油通過收購馬拉松石油實現增長：分析師預計增值財務和增強資產基礎。
Price Action: COP shares are down 0.62% at $113.28, and MRO is down 0.70% at $28.41 at the last check Friday.
價格走勢：COP股價下跌0.62%，報113.28美元，MRO股價下跌0.70%，報28.41美元，截至上週五最後檢查。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：本內容部分使用人工智能工具生成，並經Benzinga編輯審核發佈。
Photo by JHVEPhoto via Shutterstock
照片由JHVEPhoto通過Shutterstock提供
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