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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")
_rajdhani-rati-kinnar-tati-promo-etv-news-odia.webp "News18 Odia")
_transgenders-kinnar-celebrate-sabitri-brata-bhubaneswar-124-odishalive-exclusive.webp "OdishaLIVE")
⏲ 3 minutes 9 seconds 👁 87.8K
_transgenders-stage-protest-in-bhubaneswar-demanding-marital-rights.webp "OTV"){kind=spacer}
_huge-crowd-at-rto-offices-kinnar-conducting-awareness-drive-in-bhubaneswar.webp "Prameya News7")
⏲ 2 minutes 41 seconds 👁 206
_kinnar-community-celebrates-39sabitri-brata39-in-bhubaneswar.webp "Kanak News")
_angul-groom-marriage-to-kinner-bride.webp "Kanak News")
_kinner39s-kalash-yatra-on-the-first-day-of-navratri-at-bindusagar-bhubaneswar.webp "Kanak News")
⏲ 6 minutes 26 seconds 👁 1.5K
_transgender-community-narrates-experience-in-bhubaneswar.webp "OTV"){kind=spacer}
_kinner-protest-in-bhubaneswar-for-their-several-demand.webp "Kanak News")
_protest-by-all-odisha-kinner-association-in-bhubaneswar-some-reactions.webp "Kanak News")
⏲ 4 minutes 5 seconds 👁 182.2K
_sex-racket-in-vani-vihar-two-arrested.webp "Kanak News")
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