Pay Dirt: A&D Dusts Itself Off After 2013 Letdown

摘要

The U.S. acquisition and divestiture market was in fine form in first-half 2014, with strong signs it has recovered from a down-and-dirty 2013. Comparing first half to first half, deal values skyrocketed 82% over 2013. To put that in perspective, this year’s first half saw $31 billion of onshore deal flow compared to just under $17 billion for the year-ago period. Oil and liquids retained their pull on deal makers, but natural gas accomplished a solid return. Pure-play gas assets accounted for five of the top 20 deals in first-half 2014, with a combined value of $7 billion.