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_conocophillips-to-buy-marathon-oil.webp "ConocoPhillips , to Buy Marathon Oil.<br/>ConocoPhillips , to Buy Marathon Oil.<br/>On May 29, ConocoPhillips agreed to <br/>acquire Marathon Oil in an all-stock deal valued at $17 billion, CNBC reports.<br/>The agreement will provide ConocoPhillips with <br/>an additional 2 billion barrels of U.S. inventory.<br/>This acquisition of Marathon Oil further <br/>deepens our portfolio and fits within our <br/>financial framework, adding high-quality, <br/>low cost of supply inventory adjacent to our <br/>leading U.S. unconventional position. , ConocoPhillips CEO Ryan Lance, via statement.<br/>ConocoPhillips' market cap will <br/>exceed $150 billion due to the deal.<br/>As an independent producer, ConocoPhillips will now be on the same scale as some big-time players, CNBC reports.<br/>For example, the company will become larger than BP but still be smaller than Shell, according to Andrew Dittmar, M&A analyst at Enverus.<br/>For example, the company will become larger than BP but still be smaller than Shell, according to Andrew Dittmar, M&A analyst at Enverus.<br/>While the deal is likely to face FTC scrutiny, the fact that Marathon's assets encompass multiple basins supports regulatory approval, Dittmar said. .<br/>Once the deal is complete, <br/>ConocoPhillips anticipates share buybacks worth $7 billion within the first year.<br/>After three years, that number is <br/>expected to grow to $20 billion.<br/>ConocoPhillips' larger rivals, <br/>Exxon Mobil and Chevron, announced <br/>blockbuster deals as well last year.<br/>ConocoPhillips' larger rivals, <br/>Exxon Mobil and Chevron, announced <br/>blockbuster deals as well last year")
_quantico-2x09-sneak-peek-9234cleopatra9234-hd-season-2-episode-9-sneak-peek.webp "TV Promos")
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_124-mobile-phone-addiction-by-deepak-daiya.webp "Deepak Daiya")
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_mobile-apps-new-hidden-and-secret-hacks-urdu-hindi.webp "Technical Zaheer")
_how-to-watch-18-adults-channel-on-android-mobile-hindi.webp "Fact in Hindi")
⏲ 2 minutes 47 seconds 👁 162.2K
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_wow-pro-poseidon-x-suit-live-streamer-squad-vs-shaandar-amp-richest-toxic-enemy-abued-me.webp "SHAANDAR GAMER")
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_124-stop-mobile-addiction-now.webp "Mister Electron")
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_mobile-password-short-film-124-mother-daughter-relationship-hindi-short-movies-124-content-ka-keeda.webp "ContentkaKeeda")
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_body-image-short-film-motivational-video-self-love-124-body-shaming-hindi-short-movie-content-ka-keeda.webp "ContentkaKeeda")
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