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re: ConocoPhillips to buy Marathon Oil for $22.5 billion in latest energy merger

Posted on 5/29/24 at 10:10 am to
Posted by Czechessential
Member since Apr 2024
1437 posts
Posted on 5/29/24 at 10:10 am to
quote:

The only one that benefits is the buying company.


or the upper mgmt, of the buyer, they make out like bandits, sort of a reverse golden parachute
Posted by OU Guy
Member since Feb 2022
24582 posts
Posted on 5/29/24 at 10:15 am to
quote:

Oil baws happy?


quote:

It expects cost savings of $500 million within the first full year after the closing of the transaction.


Wonder where some those savings will come from. Some folks will be out of a job
Posted by Limitlesstigers
Lafayette
Member since Nov 2019
3803 posts
Posted on 5/29/24 at 10:21 am to
quote:

wondering when the one of the majors will enter the Haynesville
Not anytime soon, imo.
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