FMP
May 29, 2024 12:26 PM - Davit Kirakosyan
ConocoPhillips (NYSE:COP) is reportedly close to finalizing an all-stock acquisition of Marathon Oil (NYSE:MRO), potentially valuing Marathon at over $15 billion, according to the Financial Times. Following this news, Marathon Oil's shares surged by more than 4% in pre-market today.
Although a deal seemed likely, there remain potential risks, such as the possibility of negotiations falling through or a competing bid emerging.
The U.S. oil and gas industry, which saw $250 billion in acquisitions in 2023, continues to consolidate despite heightened antitrust scrutiny. Recently, regulators approved Exxon Mobil's $60 billion acquisition of Pioneer Natural Resources, though they barred Pioneer's former CEO from joining Exxon's board due to allegations of collusion with OPEC to increase oil prices.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...