US Upstream M&A Poised to Increase in Second Half

摘要

The second-quarter slump in US oil and gas deal-making represented more of a pause in mergers and acquisitions activity than the foreshadowing of a downward trend, analysts say. The US upstream market’s M&A activity totaled about $8.7 billion from April to June, compared to $21.1 billion during the first quarter, according to a recent report from Drilling Info (OD Jul.6’18). The three-month average since 2009 is $17.8 billion.