COP To Acquire MRO --- July 1, 2024

Locator: 48609B.

This was posted elsewhere. Thought it important enough to post at this blog. 

Mineral owners in the Bakken may be receiving royalties from MRO.

MRO could remain a wholly-owned subsidiary of COP and and royalties still coming from MRO.

Or MRO could be absorbed by BR (a wholly-owned subsidiary of COP) or something entirely else.

We won't know for awhile.