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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

ConocoPhillips to Buy Marathon Oil

⏲ 1:31 👁 425K

StarPlus

Ishqbaaz | इश्क़बाज़ | Svetlana ne kiya Anika ko accuse!

⏲ 9 minutes 10 seconds 👁 1.9M

ARY Digital HD

Radd Episode 15 | Digitally Presented by Happilac Paints | 29 May 2024 | ARY Digital

⏲ 41 minutes 50 seconds 👁 964.9K

Northern Ireland public relations firm named PR Week’s largest agency outside London

⏲ 0:17 👁 1.5M

StarPlus

इश्क़बाज़ | Is Anika dead?

⏲ 10 minutes 42 seconds 👁 1.4M

VAMPIRE YT

Finally Qurbani ki Cow Khareed Li🐮🐄Bakra Eid Vlog

⏲ 24 minutes 34 seconds 👁 267.6K

Customers line up as early as 6 a.m. to get Goldee's award-winning barbecue. Since winning the No. 1 spot of the \

⏲ 16:15 👁 355K

StarPlus

Ishqbaaz | Kya Anika rokegi Tia-Shivaay ki shaadi? - Part 2

⏲ 9 minutes 2 seconds 👁 2.9M

StarPlus

इश्क़बाज़ | Anika ne toda Shivaay ka bharosa!

⏲ 9 minutes 56 seconds 👁 477.4K

A giant picnic brings together 4,000 people on the Champs-Elysees<br/><br/>At the foot of the Arc de Triomphe in Paris, 4,000 lucky diners enjoy packed lunches offered by one of the avenue's eight restaurateurs, seated on a large checkered tablecloth over 200 meters long, unrolled for the occasion. Nearly 273,000 people have applied to take part in the event, which features the \

A giant picnic brings together 4,000 people on the Champs-Elysees

⏲ 1:22 👁 14.5M

StarPlus

Ishqbaaz | इश्क़बाज़ | Oberoi bahus ko mila apne saas ka saath!

⏲ 8 minutes 10 seconds 👁 6M

StarPlus

Ishqbaaz | Season 1 | Episode 157 | Sahil ki hui naye school mein daakhila!

⏲ 20 minutes 1 second 👁 1.1M

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