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3:54
Fox Business
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ConocoPhillips to buy Concho Resources for $9.7 billion
Conoco Phillips continues consolidation in the energy patch.
Oct 19, 2020
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ConocoPhillips and Concho Resources today announced that they have entered into a definitive agreement to combine companies in an all-stock transaction. The transaction combines two high-quality industry leaders to create a company with an approximately $60 billion enterprise value that will offer stakeholders a superior investment choice for sustainable performance and returns through cycles. Read more about the transaction here: https://bit.ly/2T4cOaA | ConocoPhillips
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