Insight
M&A market update: January 2019 - deals run dry
Report summary
Though oil prices and equity markets bounced back in January 2019, upstream M&A activity remained torpid. With 14 announced deals totalling US$1.6 billion, both deal count and disclosed spend hit their lowest ebb since January 2015. More than three-quarters of the months' aggregate M&A spend was attributable to two all-cash takeovers of London-listed E&Ps. 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 January 2019. 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
- North America
- Rest of the World
-
Deal Pipeline
- Headline additions
- Notable updates
Tables and charts
This report includes 10 images and tables including:
- 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 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 – January 2019
- Monthly spread between Brent and the Implied Long-Term Oil Price vs. deal count vs. deal spend
What's included
This report contains:
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