Public Company Energy

ConocoPhillips

Houston, Texas, United States

Global independent oil and gas exploration and production company focused on safely developing and producing upstream hydrocarbons worldwide.

Focus Areas
Oil and Gas Exploration & Production, Natural Gas

Tracked deals

3

3 tracked deals across 2020-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

2 buyout · 1 growth capital

ConocoPhillips Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for ConocoPhillips. 1 2020 1 2024 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • ConocoPhillips To Acquire 42% Stake In BP Energy Company of Kirkuk Limited
    July 18, 2026
    Buyer
    ConocoPhillips
    Target
    BP Energy Company of Kirkuk Limited
    Seller
    bp
    Industry
    Oil & Gas
    Location
    Kirkuk Governorate, Iraq
    Type
    Growth capital

    bp and ConocoPhillips agreed to terms under which ConocoPhillips will acquire a 42% interest in BP Energy Company of Kirkuk Limited. The partnership is intended to support the redevelopment of multiple large oil and gas fields in Iraq’s Kirkuk region and increase long-term production potential under a development and production contract.

  • ConocoPhillips Acquires Marathon Oil Corporation in All-Stock $22.5 Billion Deal
    May 29, 2024
    Buyer
    ConocoPhillips, ConocoPhillips Company
    Target
    Marathon Oil Corporation
    Industry
    Energy
    Location
    Texas, United States
    Type
    Buyout

    ConocoPhillips will acquire Marathon Oil Corporation in an all-stock transaction valued at $22.5 billion, including $5.4 billion of net debt. Marathon Oil shareholders will receive 0.2550 shares of ConocoPhillips common stock for each Marathon share.

  • ConocoPhillips to Acquire Concho Resources
    October 19, 2020
    Buyer
    ConocoPhillips
    Target
    Concho Resources
    Industry
    Oil & Gas
    Location
    Texas, United States
    Type
    Buyout

    ConocoPhillips agreed to acquire Concho Resources in an all-stock transaction valued at $9.7 billion, exchanging each Concho share for 1.46 shares of ConocoPhillips. The combination creates a larger independent oil and gas company with expanded Permian Basin scale, expected cost and capital synergies of $500 million annually and an enhanced low-cost resource base.

Related Acquisition Pages

Oil & Gas Buyers & Acquisitions 2 tracked deals by ConocoPhillips. Energy Buyers & Acquisitions 1 tracked deal by ConocoPhillips. Acquisitions in Texas 2 tracked deals by ConocoPhillips.

Related articles

Selling a company? Get in front of buyers like ConocoPhillips

Turn tracked acquisition activity into an outreach-ready buyer list.

Find buyers like these →