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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")
_blue-jasmine-clip-tell-your-friend-2013-woody-allen-movie-hd.webp "Rotten Tomatoes Coming Soon")
_bp-full-bp-bp-video-bp-meaning-bp-ka-means.webp "goldmine school")
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_i-was-a-mail-order-bride-1982-124-full-movie-124-valerie-bertinelli-124-holland-taylor-124-sam-wanamaker.webp "TheArchiveTV")
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_hunt-down-identity-thieves-2024-lmn-124-new-lifetime-movies-2024-124-based-on-true-story.webp "Rahi Gaming")
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_how-will-the-cruel-and-dangerous-mother-in-law-be-handled-when-arrested-by-the-police.webp "Single Mother")
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