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Oil & Gas Refining & Marketing M&A image Oil & Gas Refining & Marketing M&A » By The Online Investor Staff, updated Thu., May. 9, 4:40 AM Recent mergers and acquisitions in the Oil & Gas Refining & Marketing M&A category.

Slide #42. Exxon Mobil Corporation Celtic Exploration Ltd.

Acquirer: Exxon Mobil Corporation (XOM)
Acquiree: Celtic Exploration Ltd. (CLT.CA)
Details: Exxon Mobil Corporation and Celtic Exploration Ltd. announced that Canadian affiliates of ExxonMobil, including Exxon Mobil Canada Ltd., and Celtic have entered into an agreement for the purchase by a subsidiary of ExxonMobil Canada of all of Celtic's outstanding common shares at a cash price of C$24.50 per share. Additionally, Celtic shareholders will receive 0.5 of a share of a new company, 1705972 Alberta Ltd., for each Celtic common share.

Exxon Mobil operates or markets products in the U.S. and other countries of the world. Co.'s principal business involves exploration for, and production of, crude oil and natural gas and manufacture, trade, transport and sale of crude oil, natural gas, petroleum products, petrochemicals and a variety of specialty products. In the U.S., Co.'s development activities are focused on the onshore U.S., primarily in the Permian Basin of West Texas and New Mexico. Co. also has ongoing activities in Canada/Other Americas, Europe, Africa, Asia, as well as Australia/Oceania.

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Exxon Mobil operates or markets products in the U.S. and other countries of the world. Co.'s principal business involves exploration for, and production of, crude oil and natural gas and manufacture, trade, transport and sale of crude oil, natural gas, petroleum products, petrochemicals and a variety of specialty products. In the U.S., Co.'s development activities are focused on the onshore U.S., primarily in the Permian Basin of West Texas and New Mexico. Co. also has ongoing activities in Canada/Other Americas, Europe, Africa, Asia, as well as Australia/Oceania.

Exxon Mobil SEC Filing Email Alerts Service


Open the CLT.CA Page at The Online Investor »

Company Name:  Exxon Mobil Corp
Website:  www.exxonmobil.com
Sector:  Oil & Gas Exploration & Production
Number of ETFs Holding XOM:  128
Total Market Value Held by ETFs:  $67.48B
Total Market Capitalization:  $462.67B
% of Market Cap. Held by ETFs:  14.58%
Company Name:  Celtic Exploration Ltd
Website:  www.celticex.com
Sector:  Oil & Gas Exploration & Production
 

May 9, 2024    4:40 AM Eastern
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