_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 17 5 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
_scotland-fan-ethan-walker-cycles-to-munich-after-incredible-health-recovery.webp "Scotland fan Ethan Walker cycles to Munich after incredible health recovery<br/><br/>A small team of Tartan Army foot-soldiers have decided to cycle to Euro24 in Munich to help Scotland-daft, young footballer, Ethan Walker realise his dream.<br/><br/>Ethan Walker might just be the most committed Scotland fan there is. He's preparing to cycle 1200km to watch his heroes only eight months after a serious accident where he sustained multiple injuries.<br/><br/>(Ethan Walker)<br/><br/>In September 2023 the footballer, who left local side Huntly FC aged 17 to attend a football scholarship in the U.S. was hit by a car in New York state.<br/>Tragically he sustained life threatening injuries including multiple fractures, two brain haemorrhages and the complete dislocation of his right knee. The fractured bones included his skull, shoulder, hand, pelvis and knee. On discharge from intensive care Ethan was still unable to swallow and required months of tube feeding.<br/>The assault to his knee was huge - all his knee ligaments and cartilage were torn, the equivalent of 5 ACL injuries.<br/><br/>Ethan's mum, who was at home in Scotland when the incident happened, was notified and within a day she was by her son's side in hospital.<br/>After six weeks in intensive care Ethan travelled back to Scotland where he met top orthopaedic surgeon Professor Gordon Mackay of the Mackay Clinic.<br/>")
_john-175-pt-1-9234glory-i-had-with-you9234-by-sir-anthony-buzzard-amp-j-dan-gill.webp "21st Century Reformation")
⏲ 9 minutes 7 seconds 👁 7.2K
_roots-finding-strength-in-a-restless-world-jeremiah-175-8.webp "Community Church of Portage Lakes")
_perfect-world-episode-165-multi-sub.webp "Perfect world episode 165 multi sub<br/>perfect world episode 165<br/><br/>Your Queries<br/><br/>Perfect world episode 165<br/>Perfect World Episode 165<br/>perfect world episode 165<br/>Perfect world episode 165 eng sub<br/>Perfect world episode 165 multi sub<br/>Perfect world episode 165 Indo Sub<br/>Perfect World Episode 165 Indo Sub<br/>Perfect World Episode 165 Multi Sub<br/>Perfect World Episode 165 Eng Sub<br/>perfect world episode 165 indo sub<br/>perfect world episode 165 eng sub<br/>perfect world<br/>donghua anime<br/>donghua<br/>JHD anime<br/>WS anime<br/>alur cerita perfect world<br/>Perfect world new episode")
_5-124.webp "Киностудия Горького")
_babytv-songs-amp-rhymes-30-minute-compilation-of-songs-for-all-ages-arabic-songs.webp "All Songs<br/>1. Sally the Camel<br/><br/>2. Row Your Boat<br/><br/>3. Backe Backe Kuchen (Bake Bake In The Kitchen)<br/><br/>4.Alle Meine Entchen (My Ducklings)<br/><br/>5.The Wheels On the Bus<br/><br/>6.It’s Raining, It’s Pouring<br/><br/>7.Five Little Ducks<br/><br/>8. I’m A Baby<br/><br/>9.Gentil Coquelicot (Poppy Flowers)<br/><br/>10. Sur Le Plancher Une Araignée (Spider On the Floor)<br/><br/>11.Papar Nechmad (Butterflies)<br/><br/>12.The Animal Fair<br/><br/>13.Oats & Peas<br/><br/>14. 1,2,3,4,5<br/><br/>15. Giro Giro Tondo (Let’s Go Round)<br/><br/>16.Ring A Ring O’ Roses<br/><br/>17. Arroz Con Leche (Mexican Dance)<br/><br/>18. Dans La Forêt Lointaine (Deep Inside The Forest)<br/><br/>")
_2-corinth-517-21-jesus-trending-bibleverse.webp "RXDY8")
_2-corinthians-517-a-new-creation.webp "The Rizers")
_scotland-fan-ethan-walker-cycles-to-munich-after-incredible-health-recovery.jpg)
_john-175-pt-1-9234glory-i-had-with-you9234-by-sir-anthony-buzzard-amp-j-dan-gill.jpg)
_roots-finding-strength-in-a-restless-world-jeremiah-175-8.jpg)
_perfect-world-episode-165-multi-sub.jpg)
_5-124.jpg)
_babytv-songs-amp-rhymes-30-minute-compilation-of-songs-for-all-ages-arabic-songs.jpg)
_2-corinth-517-21-jesus-trending-bibleverse.jpg)
_2-corinthians-517-a-new-creation.jpg)
![[+]](/images/menu.gif){kind=small}