_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 anwar ali 46 of 17 vs srilanka 2015 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
Related Videos
_govt-to-commit-rm100mil-to-foster-innovation-in-islamic-finance-says-pm.webp "Prime Minister Datuk Seri Anwar Ibrahim has reiterated the government’s commitment towards Islamic finance innovation via partnerships, and announced a commitment of RM100 million to boost more such innovations.<br/><br/>In his keynote address at the Global Forum on Islamic Economics and Finance (GFIEF) on Tuesday (May 28), Anwar, who is also the Finance Minister, announced two new blended finance innovations -- a pilot programme on greening halal businesses, and ‘Project Hassan’ in line with the commitment.<br/><br/>Read more at https://tinyurl.com/4v5u4275<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
_ary-news-7-am-headlines-31st-may-2024-124-big-news-regarding-cm-kpk-ali-amin-gandapur.webp "#cmkpk #aliamingandapur #imrankhan #PTI #headlines<br/><br/>ARY News 7 AM Headlines 31st May 2024 | Big News Regarding CM KPK Ali Amin Gandapur<br/>")
_ep52pv-episode-52-multisub-soul-land-2-juensi-tangmen-soul-land-2-the-peerless-tang-sect-preview.webp "<br/>Soul Land 2-The Peerless Tang Sect 2,Soul Land 2,The Peerless Tang Sect Duolo dalu 2,The unrivaled Tang Sect ,Juensi Tangmen")
⏲ 0:38 👁 240K
_live-recapping-week-2-of-otas-124-patriots-daily-x-patriots-beat.webp "Patriots Daily's Taylor Kyles and Mike Kadlick team up with Patriots Beat's Alex Barth and Brian Hines for a crossover live show to recap Week 2 of Patriots OTAs.<br/><br/>0:00 - Drake Maye's Progress<br/><br/>2:46 - Drake Maye's Reps<br/><br/>4:37 - Jacoby Brissett's Role<br/><br/>7:28 - Jacoby's Professionalism<br/><br/>9:19 - Importance of Cadence<br/><br/>10:53 - Drake's Huddle Calls<br/><br/>14:48 - Unexpected OTA Absences<br/><br/>17:26 - Offensive Line Shifts<br/><br/>21:57 - Concerns with Offensive Line<br/><br/>24:15 - Competitive day for receivers<br/><br/>28:03 - Impressive catches by Javon Baker<br/><br/>29:44 - Impressive catches analysis<br/><br/>32:01 - Jaylen Hawkins interception impact<br/><br/>34:00 - Keion White's defensive potential<br/><br/>36:57 - Chad Ryland's field goals<br/><br/>44:28 - Defending the kickoff<br/><br/>47:46 - Excitement for new rules<br/><br/><br/>Get in on the excitement with PrizePicks, America’s No. 1 Fantasy Sports App, where you can turn your hoops knowledge into serious cash. Download the app today and use code CLNS for a first deposit match up to $100! Pick more. Pick less. It’s that Easy! Football season may be over, but the action on the floor is heating up. Whether it’s Tournament Season or the fight for playoff homecourt, there’s no shortage of high stakes basketball moments this time of year. Quick withdrawals, easy gameplay and an enormous selection of players and stat types are what make PrizePicks the #1 daily fantasy sports app! Go to https://PrizePicks.com/CLNS<br/><br/>Take the guesswork out of buying NBA tickets with Gametime. Download the Gametime app, create an account, and use code CLNS for $20 off your first purchase. Download Gametime today. Last minute tickets. Lowest Price. Guaranteed. Terms apply.<br/><br/>#Patriots #NFL #NewEnglandPatriots")
_mahershala-ali-is-in-talks-for-a-role-in-the-new-39jurassic-world39-film.webp "Mahershala Ali is in negotiations to join the cast of the new 'Jurassic World' movie alongside Scarlett Johansson.")
![[ENG] Practice Daughter (2024) EP.17](https://cdn10.hifimov.co/picture/preview/nUE0pUZ6Yl9mZF5xoJAxov5hMKDiqv9KGJguAwSwGRyKnzuvDHcaqP9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_eng-practice-daughter-2024-ep-17.webp "[ENG] Practice Daughter (2024) EP.17")
_blackrock39s-ibit-surpasses-grayscale39s-gbtc-as-largest-spot-bitcoin-etf-in-the-us.webp "BlackRock's spot Bitcoin ETF has surpassed Grayscale's to become the largest spot Bitcoin ETF in the US. IBIT now holds nearly $20 billion worth of Bitcoin, compared to GBTC, which holds more than $19 billion. Since launching in January, over $16 billion has flowed into IBIT, while $17 billion has been withdrawn from GBTC. IBIT saw increased inflows recently amid bullish crypto sentiment following ETH ETF approvals and renewed political support. BlackRock's addition of IBIT to its funds marked a turnaround after it saw low inflows and its first outflows in April.")
_us-pledges-124-million-in-aid-to-moldova-to-counter-russian-influence.webp "Some €78 million will be directed to bolster energy infrastructure and €46 million to overhaul key industries and deter disinformation.")
_govt-to-commit-rm100mil-to-foster-innovation-in-islamic-finance-says-pm.jpg)
_ary-news-7-am-headlines-31st-may-2024-124-big-news-regarding-cm-kpk-ali-amin-gandapur.jpg)
_ep52pv-episode-52-multisub-soul-land-2-juensi-tangmen-soul-land-2-the-peerless-tang-sect-preview.jpg)
_live-recapping-week-2-of-otas-124-patriots-daily-x-patriots-beat.jpg)
_mahershala-ali-is-in-talks-for-a-role-in-the-new-39jurassic-world39-film.jpg)
_eng-practice-daughter-2024-ep-17.jpg)
_blackrock39s-ibit-surpasses-grayscale39s-gbtc-as-largest-spot-bitcoin-etf-in-the-us.jpg)
_us-pledges-124-million-in-aid-to-moldova-to-counter-russian-influence.jpg)
![[+]](/images/menu.gif){kind=small}