The A&D world has been slow and frustrating of late. These experts discuss recent deal metrics and what drivers might kick-start additional deal-making this year.
Jason Martinez, Managing Director & Co-Head A&D Group, BMO Capital Markets
The value of U.S. oil and gas mergers and acquisitions fell to a 10-year low in the first quarter, according to data released on April 4, as investors pushed shale producers that have driven a recent merger boom to focus on lifting shareholder returns rather than production.
All but seven of 29 of the top independent shale producers in the U.S. last year spent more on drilling and shareholder payouts than they generated through operations, according to Reuters analysis.
Today’s nonop E&P teams go the extra mile to ensure the latest data for investing in oil and gas wells and future inventory.