The exploration and production (E&P) industry is expected to be shaped by efficiency improvements, mergers and acquisitions (M&A) and shifting commodity trends in 2025, analysts at Citi believe. In their 2025 sector outlook, the analysts wrote that despite significant operational advancements in 2024, E&P equities struggled to differentiate themselves, overshadowed by crude price concerns and b...
ConocoPhillips, a $123 billion market cap company, successfully completed its acquisition of the much smaller Marathon Oil. It has an investor-friendly capital return program with a 3.3% dividend, and large share repurchases. Pro forma post-acquisition annual cost savings are estimated at $500 million, while asset disposition is expected to total another $2 billion.
HOUSTON--(BUSINESS WIRE)--ConocoPhillips Company announces cash tender offers for debt securities and consent solicitations by Marathon Oil Corporation.
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs wi...
We present a highly diversified yet simple portfolio of 10 positions, with 9 funds and one individual MLP stock. The portfolio has been designed for retirees and investors planning for retirement, with a 6% current income yield and potentially 6% plus dividend growth. The portfolio presented uses a hands-off approach, and it is diversified among many asset classes as well as different sectors o...
HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced that it has completed its acquisition of Marathon Oil Corporation (NYSE: MRO). “This acquisition of Marathon Oil is a perfect fit for ConocoPhillips, adding to our deep, durable and diverse portfolio while meeting our strict financial framework,” said Ryan Lance, chairman and chief executive officer. “Marathon Oil adds high-qu...
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.