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U.S. Shale Mergers Continue with ConocoPhillips-Marathon Mega Deal

U.S. Shale Mergers Continue with ConocoPhillips-Marathon Mega Deal

ConocoPhillips has agreed to acquire Marathon Oil in a $22.5 billion deal, aiming to increase scale, cash flow, and earnings while diversifying its exposure in several U.S. shale basins.

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