Insight

Upstream M&A: 2016 outlook

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

For further information about this report submit the form below.

Report summary

In this Insight: We lay out our key expectations for upstream M&A in 2016 giving particular focus to the implications of a sustained low oil price scenario We consider the outlook for the main corporate peer groups We illustrate the key regional events to look out for. Also look out for our M&A review of 2015 coming early January 2016.

What's included

This report contains

  • Document

    Upstream M&A: 2016 outlook

    PDF 484.07 KB

Table of contents

  • Executive Summary
  • M&A in 2015 – in brief
    • There will be more sellers
    • There will still be buyers
    • Valuations will soften
    • Consolidation will increase
    • Costs will be a driver
    • Unusual deal structures will increase
  • Hope is a strategy
    • Majors
    • US Independents
    • International Independents
    • Asian NOCs
    • Other NOCs
    • Small Cap
    • Private Equity
    • Other
  • Regional Outlook

Tables and charts

This report includes 4 images and tables including:

Images

  • Oil price, Implied Long Term Oil Price, and deal activity
  • Upstream portfolio: Brent price required to be cash flow neutral in 2016
  • Upstream M&A: 2016 outlook: Image 4
  • Current long term oil price implied by market valuations

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898