Last updateFri, 15 Jan 2021 5pm

End-User News

Enverus: U.S. Energy M&A Improved in Fourth Quarter

After an anemic start, 2020 upstream M&A accelerated dramatically in the second half of the year as a challenging economic backdrop spurred a wave of industry consolidation. Activity crested in the fourth quarter with three multi-billion-dollar mergers centered on the oil-rich Permian Basin driving the quarter’s total value to $27 billion, the third most active quarter by value since oil prices lost their footing in late 2014.

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