_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 trainline plc stock 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
_6-great-ways-to-celebrate-pride-month.webp "6 Great Ways , to Celebrate Pride Month.<br/>1. , Get out to a parade <br/>or event in your area.<br/>Pride is happening this month in cities all over the world. Check out local events guides to see when and where you can join others to celebrate.<br/>2. , Get educated.<br/>Celebrating Pride in June goes back to the <br/>1969 Stonewall Riots in NYC, which spawned <br/>the gay rights movement.<br/>Celebrating Pride in June goes back to the <br/>1969 Stonewall Riots in NYC, which spawned <br/>the gay rights movement.<br/>3. , Support LGBTQ+<br/>artists and culture.<br/>Cities of all sizes have vibrant LGBTQ+ communities.<br/>Your purchase power goes a long way to supporting <br/>local artists that are a part of these communities.<br/>4. , Take stock of your <br/>own company's<br/>LGBTQ+ inclusivity.<br/>Beginning a dialogue with LGBTQ+ <br/>co-workers is great way to understand how <br/>to maintain an inclusive work culture.<br/>5. , Donate or volunteer<br/>to local LGBTQ+ organizations.<br/>Local LGBTQ+ organizations often do important <br/>work with homeless and trans youth, as well as <br/>moving the equality needle in your community.<br/>6. , Become an <br/>advocate or ally.<br/>Sometimes the best support is simply <br/>a welcoming heart and an open mind.")
_final-trades-lululemon-sysco-abbvie-and-tjx-companies.webp "CNBC Television")
_railway-signaling-systems-insights-post-coromandel-express-accident.webp "Let's Grow Up")
_home-sellers-slashing-prices-at-fastest-rate-in-nearly-two-years-what39s-going-on.webp "A look at weekly and monthly data could show that homes for sale are seeing price cuts and fewer people are buying new homes, as consumers continue to grapple with high mortgage rates. Median sale prices hit records in the month of May 2024. Data points to the highest number of price cuts in nearly two years, which could suggest struggles ahead.")
_cramers-stop-trading-arm-holdings.webp "CNBC Television")
_accidental-discoveries-you39ve-never-heard-of-but-should-know.webp "Did you know there are some totally wild accidental discoveries out there that you probably never heard of? First off, there's the Williams Enigma lith, a freaky rock found with an electrical connector that could be from an ancient civilization – talk about ancient tech! Then, scientists stumbled upon bioluminescent mammals, like glow-in-the-dark critters, totally changing what we thought about glow-ups. And who could forget the accidental discovery of Kellogg's Corn Flakes? Yep, those tasty breakfast flakes were actually a fluke invention from trying to make granola. It's crazy how some of the coolest stuff comes from the most unexpected places!#brightside <br/><br/>Animation is created by Bright Side. <br/>----------------------------------------------------------------------------------------<br/>Music from TheSoul Sound: https://thesoul-sound.com/ <br/><br/>Listen to Bright Side on: <br/>Spotify - https://open.spotify.com/show/0hUkPxD34jRLrMrJux4VxV<br/>Apple Podcast - https://podcasts.apple.com/podcast/idhttps-podcasts-apple-com-podcast-bright-side/id1554898078<br/>----------------------------------------------------------------------------------------<br/>Our Social Media:<br/>Facebook - https://www.facebook.com/brightside/<br/>Instagram - https://www.instagram.com/brightside.official/<br/>Tik Tok - https://www.tiktok.com/@brightside.official?lang=en<br/>Snapchat - https://www.snapchat.com/p/c6a1e38a-bff1-4a40-9731-2c8234ccb19f/1866144599336960<br/><br/>Stock materials (photos, footages and other):<br/> https://www.depositphotos.com <br/>https://www.shutterstock.com <br/>https://www.eastnews.ru <br/>----------------------------------------------------------------------------------------<br/>For more videos and articles visit: http://www.brightside.me")
_no-such-person-124-trailer-1.webp "Xin encounters identity theft scam when her landlord sells her ID card information to stock companies that set up fake accounts in her name.")
_banban-characters-come-to-life-sir-dadadoo39s-chase-and-nabnab39s-city.webp "Hey Banban fans!Ready to dive into a world of thrilling crafts and eerie adventures?Today, we're bringing you an epic compilation of Banban characters, featuring the terrifying Sir Dadadoo, the fearsome Nabnab, and the iconic BanBan himself! ️ Watch as we blend creativity, excitement, and a touch of madness to create stunning dioramas and figures that will leave you in awe. ✨ Are you ready to join us on this creative journey? Let's get started! <br/>First, we bring Sir Dadadoo to life in \")
_6-great-ways-to-celebrate-pride-month.jpg)
_final-trades-lululemon-sysco-abbvie-and-tjx-companies.jpg)
_railway-signaling-systems-insights-post-coromandel-express-accident.jpg)
_home-sellers-slashing-prices-at-fastest-rate-in-nearly-two-years-what39s-going-on.jpg)
_cramers-stop-trading-arm-holdings.jpg)
_accidental-discoveries-you39ve-never-heard-of-but-should-know.jpg)
_no-such-person-124-trailer-1.jpg)
_banban-characters-come-to-life-sir-dadadoo39s-chase-and-nabnab39s-city.jpg)
![[+]](/images/menu.gif){kind=small}