Insight
M&A market update: November 2018 – Encana scoops Newfield
Report summary
November deal count was low, but some standout deals ensured that spending levels were high. Encana's US$8.2 billion takeout of Newfield saw the recent spate of corporate mergers continue; although this one signalled a change of tack: diversification (not play-level consolidation) was the driver. Cimarex followed the more conventional route in building scale when acquiring fellow Permian pure-play Resolute Energy for US$1.8 billion. QEP exited both the Bakken and Haynesville to itself transition to a Permian pure-play.
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 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 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 – November 2018
What's included
This report contains:
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