All-stock transaction

  • ConocoPhillips to buy Concho Resources in Landmark $9.7 B Deal

    ConocoPhillips to buy Concho Resources in Landmark $9.7 B Deal

    Tuesday, 20th October 2020

    ConocoPhillips and Concho Resources have announced that they have entered into a definitive agreement to combine companies in an all-stock transaction for a total of $9.7 billion in an attempt to further consolidate the shale industry.