Insight
M&A market update: April 2018 – US continues to show restraint
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Upstream M&A activity was subdued in April – both deal count and deal spend were below-average. Globally, there was a shortage of middle-to-upper market deals. Spend in the US – frequently the bedrock of global M&A activity – failed to surpass the one billion dollar mark. Oil may be hitting multi-month highs but M&A remains out of favour in the US, as E&Ps continue to prioritise returns over growth. This Insight contains a snapshot of high level trends in the upstream M&A market, and a summary of major deal activity – both announced and rumoured – during April 2018. In this M&A monthly market update: a review of upstream M&A trends; a summary of the month’s biggest announced deals; commentary on the current Deal Pipeline (potential/rumoured deals).
Table of contents
- The month in brief
-
Announced deals
- Trends
- Headline deals: announced
- North America
- Rest of the World
-
Deal Pipeline
- Headline additions
- Notable updates
- Appendix
Tables and charts
This report includes the following images and tables:
- Weighted average Implied Long-Term Oil Price vs. Brent oil price
- No. of deals in Pipeline by region/resource
- Value of deals in Pipeline by region/resource
- Monthly spread between Brent and the Implied Long-Term Oil Price vs. deal count vs. deal spend
- Monthly deal count North America vs. ROW
- Monthly deal spend North America vs. ROW
- Monthly deal count by region ROW
- Monthly deal spend by region ROW
- Implied Long-Term Oil Price (deal by deal) vs. Brent oil price
- Global M&A – April 2018
What's included
This report contains:
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