3Q: OIL&GAS M&A
The third quarter saw another slight quarterly increase in mergers and acquisitions (M&A) in the US oil and gas industry, driven by an abundance of midstream megadeals, according to analysis from PwC US.
The professional services firm's quarterly report of announced US transactions with value greater than $50 million indicates that 14 midstream deals occurred during the quarter, accounting for $63.5 billion, or 70% of overall deal value.
During the 3-month period ending Sept. 30, an overall total of 51 oil and gas deals took place, accounting for $91.2 billion, which was higher than the 47 deals worth $38.8…
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.