Roth MKM analyst Leo Mariani expects ConocoPhillips (NYSE:COP) to have a negative reaction compared to its peers today following its deal to acquire Marathon Oil Corporation (NYSE:MRO) in an all-stock transaction with an enterprise value of $22.5 billion. As per the agreement, Marathon Oil shareholders will receive 0.2550 ConocoPhillips shares for each share of Marathon Oil they hold. The buyout is expected to be immediately accretive to ConocoPhillips on earnings, cash from operations, free cash flow, and return of capital per share to shareholders as ...