_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 oil naked 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
_conocophillips-to-acquire-marathon-oil-in-3617-billion-all-stock-deal-making-it-the-3rd-largest-us-oil-company.webp "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.")
⏲ 0:42 👁 335K
_conocophillips-to-acquire-marathon-oil-for-3622-5-billion.webp "TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and another huge merger in the oil industry.")
_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")
_iranian-forces-fires-on-oil-tankers-on-pak-iran-border.webp "Iranian forces fires on oil tankers on Pak-Iran border")
_hockey-fan39s-emotional-rollercoaster-reactions-as-game-progresses.webp "Hockey Fan's Emotional Rollercoaster reactions as game progresses from oil naked")
_edmonton-oilers-fans-energy-passion-and-reactions.webp "Edmonton Oilers Fans: Energy, Passion, and Reactions from oil naked")
_you39re-the-radiance-of-night-tl-channel.webp "You're the Radiance of Night")
_mum-homeschools-children-in-39real-life-skills39-including-gardening-cooking-diy.webp "A mum has revealed how she homeschools her children in \")
_nhl-game-update-oilers-lead-in-dallas-betting-insights.webp "NHL Game Update: Oilers Lead in Dallas, Betting Insights from oil naked")
Related Video Searches
Back to Search
Search oil naked Desi Porn
Search oil naked MMS Porn
Search oil naked XXX Videos
Search oil naked HD Videos
Search oil naked XXX Posts
Search oil naked Photos
Search oil naked Leaks
Search oil naked Web Series
Search oil naked Pics
Search oil naked VIP XXX
_conocophillips-to-acquire-marathon-oil-for-3622-5-billion.jpg)
_conocophillips-to-buy-marathon-oil.jpg)
_iranian-forces-fires-on-oil-tankers-on-pak-iran-border.jpg)
_hockey-fan39s-emotional-rollercoaster-reactions-as-game-progresses.jpg)
_edmonton-oilers-fans-energy-passion-and-reactions.jpg)
_you39re-the-radiance-of-night-tl-channel.jpg)
_mum-homeschools-children-in-39real-life-skills39-including-gardening-cooking-diy.jpg)
_nhl-game-update-oilers-lead-in-dallas-betting-insights.jpg)
![[+]](/images/menu.gif){kind=small}