Enverus: US oil, gas dealmaking slowed in Q4

2022-01-14

US oil and natural gas companies struck $9 billion worth of deals in the fourth quarter, down sharply from $18.5 billion in the third quarter, with the Permian Basin and Haynesville Shale accounting for 80% of the total deal value. However, mergers and acquisitions value increased 25% year over year to $66 billion in 2021, and Enverus director Andrew Dittmar expects the M&A market to remain robust in 2022.

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