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Author: Admin | 2025-04-28
Cost of supply below $30 a barrel. The acquisition will be accretive to its earnings, free cash flow, and return of capital, driven in part by the expectation it will capture more than $1 billion of cost and capital synergies within the first year of closing the deal.ConocoPhillips anticipates returning a significant portion of its growing free cash flow to investors in the coming years. It plans to ramp its share repurchase rate from $5 billion annually to $7 billion, putting it on track to buy back more than $20 billion in shares in the first three years following the Marathon deal. It also pays a growing quarterly dividend. ConocoPhillips boosted its payment by 34% in late 2024. It aims to deliver dividend growth within the top 25% of companies in the S&P 500 in the future. Definition Icon Commodities Commodities are undifferentiated products. They are distinct from branded products like cars, watches, or smartphones, which are generally identified by the company that makes them. 3. Chevron3. Chevron Chevron (NYSE:CHX) is a leading global energy company. It boasts a globally integrated oil and gas business that includes exploration and production assets, refining capabilities, and a chemicals business. The company’s large-scale and integrated operations help it weather the volatility in the energy sector.Chevron uses the cash flows generated from its legacy oil and gas operations to pay a growing dividend, repurchase shares, and invest in the future. Chevron increased its dividend for the 37th straight year in 2024. It also plans to buy back between $10 billion and $20 billion of its stock each year.The company expects to grow its cash flow by more than 10% annually through 2027 (assuming oil averages $60 a barrel), fueled by its high-return capital program. It could significantly exceed that level if it's successful in
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