"There’s even been chatter that ConocoPhillips could be a takeover target after it’s finished lightening its load of lesser-performing assets — maybe by the likes of Exxon Mobil Corp. or BP plc — despite possible anti-trust problems."
Source:
http://www.forbes.com/sites/clairepoole/2017/04/13/conocophillips-sells-more-assets-but-some-analysts-point-to-better-investments/#1c3dfa4c2316