Mergers

Appetite Appears to Drop for Oil, Gas M&A

Instead of jumping in, natural gas and oil companies instead may wade into the mergers and acquisitions (M&A) pool this year until they have more confidence in the broader business environment, according to the sixth Ernst & Young Global Capital Confidence Barometer.

May 14, 2012

Appetite Drops for Oil, Gas M&A, Says Survey

Instead of jumping in, natural gas and oil companies instead may wade into the mergers and acquisitions (M&A) pool this year until they have more confidence in the broader business environment, according to the sixth Ernst & Young Global Capital Confidence Barometer.

May 10, 2012

Energy Sector M&A ‘Inevitable,’ Says Expert

U.S. oil and natural gas mergers and acquisitions (M&A) in the third quarter jumped 135% from the same period a year ago, with nearly half of the transactions related to shale plays, according to the latest survey by consultancy PwC US.

October 31, 2011

Energy Sector Consolidation ‘Inevitable,’ Says Merger Expert

U.S. oil and natural gas mergers and acquisitions (M&A) in the third quarter jumped 135% from the same period a year ago, with nearly half of the transactions related to shale plays, according to the latest survey by consultancy PwC US.

October 28, 2011

If You Can’t Beat Them…

Sustained low natural gas prices and higher productivity may trigger a wave of industry consolidation similar to the mega mergers in the past decade, oil and gas experts told an audience last week at the IHS Herold 20th Annual Pacesetters Energy Conference in Stamford, CT.

October 3, 2011

If You Can’t Beat Them…

Sustained low natural gas prices and higher productivity may trigger a wave of industry consolidation similar to the mega mergers in the past decade, oil and gas experts told an audience at the recent IHS Herold 20th Annual Pacesetters Energy Conference in Stamford, CT.

October 3, 2011

Shale, Midstream Deals Driving Merger Activity

The desire to acquire shale acreage and midstream assets in the United States continues to be strong, with domestic natural gas and oil mergers and acquisitions (M&A) values reaching $39 billion in the second quarter, according to an analysis by PwC US.

August 15, 2011

PwC: U.S. Midstream, Shale Transactions Boost Merger Activity

Interest in acquiring shale acreage, midstream transactions and foreign investments in the United States drove domestic natural gas and oil mergers and acquisitions (M&A) value to $39 billion in the second quarter, according to an analysis by PwC US.

August 11, 2011

Shale, Midstream Deals Drive 2Q2011 Merger Activity

The desire to acquire shale acreage and midstream assets in the United States continues to be strong, with domestic natural gas and oil mergers and acquisitions (M&A) values reaching $39 billion in the second quarter, according to an analysis by PwC US.

August 11, 2011

Industry Briefs

The total value of U.S. natural gas and oil and mergers and acquisitions (M&A) in the first three months of this year jumped 69% from a year ago and sends a signal that 2011 will be another strong year for transactions, according to a survey by PwC US. The Oil & Gas M&A analysis is a quarterly report of announced U.S. transactions valued at more than $50 million. PwC uses transaction data provided by John S. Herold Inc. Shale natural gas properties remain a big draw for buyers. According to PwC, eight transactions each valued at more than $50 million related to shale gas properties for a total value of $9.7 billion. Two transactions in the Marcellus Shale together totaled $325 million. Several big sales contributed to a 76% increase in overall average deal value from a year ago. Forty-seven transactions in the latest quarter were valued at more than $50 million each, accounting for a total of $51.5 billion in deal value, versus $30.4 billion in the year-ago period. The average size of a transaction also jumped significantly to $1.1 billion from $620.9 million year/year. Twenty-three individual transactions were valued at more than $250 million. Upstream transactions made up almost three-quarters (73%) of the sales valued at more than $50 million, with a total of 27 transactions fetching $25.3 billion.

May 23, 2011