Acquiring two meh companies would ki-l COP. Have you no mercy? Think about the children! ;-)
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D-mbest post I’ve seen in some time. COP has their hands way too full absorbing Concho and Marathon to acquire Oxy.
Thanks. I really learned a lot of BS reading this thread.
Walt Disney I would believe as much as I would a Conoco acquisition. Conoco has their plate full laying off employees and trying to save a buck.
Guys I swear this wasn’t made up by me. IYKYK
Oxy and Walt Disney Company because both enjoy a good fantasy.
Merger: Two companies combine—typically as (near) equals—into a single entity; owners of both end up sharing the new company.
Acquisition: One company buys control of another; the buyer remains in charge and the target becomes a subsidiary or is absorbed.
Haha not a chance.
Just swallowed Marathon....How much meh can any one company take?
Oxy and Exxon merger.
Oxy and Chevron merger.
Oxy and Shell merger.
Oxy and EOG merer.
Oxy and FANG merger.
There are a few more for you to speculate on.
Oxy debt - $35B
Oxy Fatalities - 300+
Oxy Serious environmental disasters - 20+
Oxy Staff Turnover - 30%
Oxy hiring of other companies failures - 50%+
Oxy market cap - $46B
Conoco market cap - $115B