_conocophillips-to-acquire-marathon-oil-in-3617-billion-all-stock-deal-making-it-the-3rd-largest-us-oil-company.jpg "ConocoPhillips to Acquire Marathon Oil in $17 Billion All-Stock Deal Making It the 3rd Largest US Oil Company from ertugal ghazi season three episode 61in urdu Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:42
👁 View: 335K times
✓ Published: 30-May-2024
👁 View: 335K times
✓ Published: 30-May-2024
Description:
ConocoPhillips has agreed to acquire Marathon Oil in an all-stock deal worth $17 billion. The acquisition will add 2 billion barrels of oil and gas resources to ConocoPhillips' portfolio across shale fields in Texas, New Mexico, and North Dakota. ConocoPhillips expects $500 million in annual cost savings from the deal through reduced administrative and operating expenses. The company plans $7 billion in share buybacks in the first year and $20 billion within three years post-deal. The transaction makes ConocoPhillips the third-largest US oil company by market cap of more than $130 billion.
ConocoPhillips has agreed to acquire Marathon Oil in an all-stock deal worth $17 billion. The acquisition will add 2 billion barrels of oil and gas resources to ConocoPhillips' portfolio across shale fields in Texas, New Mexico, and North Dakota. ConocoPhillips expects $500 million in annual cost savings from the deal through reduced administrative and operating expenses. The company plans $7 billion in share buybacks in the first year and $20 billion within three years post-deal. The transaction makes ConocoPhillips the third-largest US oil company by market cap of more than $130 billion.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_ertugrul-ghazi-urdu-124-episode-35-124-season-3.webp "tabii Urdu")
_three-dogs-chase-off-10ft-crocodile.webp "Astonishing video footage shows the moment three brave dogs chased off a 10ft (3m) long crocodile.")
_ertugrul-ghazi-urdu-124-episode-76-124-season-3.webp "tabii Urdu")
_ertugrul-ghazi-urdu-124-episode-86-124-season-3.webp "tabii Urdu")
_ertugrul-ghazi-urdu-124-episode-67-124-season-3.webp "tabii Urdu")
_ertugrul-ghazi-urdu-124-episode-60-124-season-3.webp "tabii Urdu")
_bristol-named-top-three-for-bike-thefts-in-the-uk.webp "Bristol experiences the third highest number of claims for bike thefts in the UK, according to new data.The data, by Admiral Home Insurance, reveals the top 20 UK postcode areas where it has seen the most claims for bike theft in the last two years.")
_ertugrul-ghazi-urdu-124-episode-55-124-season-3.webp "tabii Urdu")
_ertugrul-ghazi-urdu-124-episode-35-124-season-3.jpg)
_three-dogs-chase-off-10ft-crocodile.jpg)
_ertugrul-ghazi-urdu-124-episode-76-124-season-3.jpg)
_ertugrul-ghazi-urdu-124-episode-86-124-season-3.jpg)
_ertugrul-ghazi-urdu-124-episode-67-124-season-3.jpg)
_ertugrul-ghazi-urdu-124-episode-60-124-season-3.jpg)
_bristol-named-top-three-for-bike-thefts-in-the-uk.jpg)
_ertugrul-ghazi-urdu-124-episode-55-124-season-3.jpg)
![[+]](/images/menu.gif){kind=small}