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ConocoPhillips-Marathon Deal Represents a Pivot

June 4, 2024

ConocoPhillips-Marathon Deal Represents a Pivot

June 04, 2024

The ConocoPhillips-Marathon Oil transaction represents a pivot in U.S. shale mergers and acquisitions, from deals focused on increasing exposure in a single key basin or play to acquiring a multi-basin operator.

That’s what Enverus Intelligence Research (EIR) Principal Analyst Andrew Dittmar said in a statement sent to Rigzone by Enverus, which describes itself as the most trusted energy-dedicated SaaS and generative AI company.

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