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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

ConocoPhillips to Buy Marathon Oil

⏲ 1:31 👁 515K

ADVA

FSP 150CC-T3204

⏲ 1 minute 16 seconds 👁 220

ADVA

FSP 150-XG108 Series

⏲ 2 minutes 54 seconds 👁 353

We start with the beautiful game...<br/>Defence Force are the First Citizens Cup champions.<br/><br/><br/>This follows their 3-1 win against AC Port-of-Spain at the Hasely Crawford Stadium, with Isaiah Leacock getting a hat-trick.<br/><br/><br/>In so doing, they have retained the title.<br/><br/><br/>We have highlights.

DEFENCE FORCE WIN FIRST CITIZENS CUP

⏲ 1:5 👁 410K

ADVA

Introducing the FSP 150EG-X

⏲ 6 minutes 45 seconds 👁 832

ADVA

FSP 150EG-X Drilldown

⏲ 12 minutes 21 seconds 👁 721

Gov. Jim Justice (R-WV) signs a $150 million state highway funding bill.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com

West Virginia Gov. Jim Justice—With Babydog Alongside Him—Signs $150 Million State Highway Bill

⏲ 23:40 👁 315K

Network Direction

Cisco CCNA Rapid Spanning Tree - PortFast & BPDU Guard (Cisco Packet Tracer)

⏲ 3 minutes 49 seconds 👁 2K

Austin Green

The 9 month cruise is a total mess

⏲ 53 minutes 31 seconds 👁 413.3K

F1 2024 Monaco Qualifying Port Boat Crash from port 150 colog

F1 2024 Monaco Qualifying Port Boat Crash

⏲ 0:16 👁 160.7M

ADVA

Announcing the FSP 150CC-XG210

⏲ 11 minutes 59 seconds 👁 6.6K

Charles Judd

CCIE Topic: 1.1e PortFast, BPDU Guard, BPDU Filter

⏲ 14 minutes 8 seconds 👁 3.3K

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