After a barrage of upstream oil and gas deals in 2021, third-quarter transactions cooled, but an $18.5 billion showing still surpassed the five-year average, a recent report says.
Bad COVID numbers likely mean bad economic numbers, and the A&D market is clearly jittery over the Delta variant.
After long-standing bank reserve-based lending began to retrench in 2020, alternative capital providers look poised to step up, or even take over, the funding need for oil and gas producers.
Expect cybersecurity to be a larger part of the way in which deals between oil and gas companies are evaluated.
Investor pressure for U.S. shale producers to operate leaner made consolidation a priority driving a sizzling second quarter with $33 billion worth of M&A activity.
In the aftermath of 2020’s large-scale mergers and corporate transactions, the deal pantry will likely find itself overflowing with asset buyers hungry for suitable acreage.
After months of buying and selling chaos, oil and gas A&D finally went full-on Adderall as it barreled into the official start of summer.
Some private equity players are in the late innings of transacting for assets, calling into question the future of how they will be funded.
The focus for deals has become a way for oil and gas companies to create a stronger balance sheet that doesn’t allow for them to be caught off guard if prices weaken, says analyst.
The hacking of the Colonial Pipeline and its subsequent shutdown in May unleashed one of the worst spills of schadenfreude in modern history.
