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_conocophillips-to-buy-marathon-oil.webp "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")
_bpclip-use-demonstration-video.webp "DigiHealth Lab")
_fortnite-fnclip-fortniteclips-fortniteclipz-gaming-shorts-200pumpedbtw-fnclips-cliped.webp "VisionVilla")
⏲ 9 seconds 👁 262
_bpjisoo-jennie-lisarose-shortvideo-trending-virlvideo.webp "nini☆")
_bp-solar-modules-up-close-124-pvdepot-com.webp "PVDepot")
_blu-denim-x-young-dolph-house-party.webp "iNIGHTLYFE")
_my-first-vlog-trending-video-subscribe-support-please.webp "BP vlogs")
_new-bp-video-song-1232021125-bpbpbp.webp "BP VIDEO")
_bp.webp "Rody VL - Topic")
_how-to-joint-picture-editing-remove-background-in-photoshop-cc-124-bp-backdrop-a380f-124-editzone.webp "World Best Mix")
⏲ 45 seconds 👁 1.4K
_explicit-freestyle.webp "BPicasso0 - Topic")
_kefet-blackpink-blackpink-bp.webp "Rosiew.🤍")
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