We conclude our interview series with Justin T. Stolte, partner at Gibson, Dunn & Crutcher LLP with part four. Part four looks at who is doing the deals.

“On the public side, you have public shareholders that are requiring that companies in a lot of instances either scale or sell or restructure. You are having a lot of consolidation with these smaller E&Ps. We are continuing to see that. That is an active source of transactions. Private equity remains a significant part of the industry. They have in most instances served as the source of capital to help E&Ps and midstream companies buildout infrastructure, build wells. Private equity players continue to be active players in the industry,” said Stolte.

Related videos:

VIDEO SERIES: Challenges Ahead For M&A Transactions Market 

VIDEO SERIES: Part Two, What Deals Are Getting Done

VIDEO SERIES: Part Three, How Deals Are Getting Done