What happened to the MRO stock?

Written by Editorial Team | Last Updated: August 2026

Marathon Oil Corporation (MRO) completed its high-profile merger transaction with ConocoPhillips, becoming a wholly owned subsidiary of the energy giant. Under the terms of the multi-billion-dollar acquisition agreement, Marathon Oil shareholders received shares of ConocoPhillips common stock for each MRO share they owned. Following the successful closing of the transaction, Marathon Oil terminated its legacy credit agreements, paid off outstanding debt obligations, and filed formal paperwork with the Securities and Exchange Commission to suspend trading and delist its common stock from the New York Stock Exchange.

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