Oil & Gas Mergers and Acquisitions Report – Mid-year 2016 has been saved
As low oil and gas prices continue into a third year, the mergers and acquisition (M&A) market for all sectors has remained consistent with the low number of deals seen in 2015, but with one distinction—the 2016 deal values are lower than deal values over the past five years. The market expected increased activity assuming that buyers and sellers would come to the market for strategic buy/sell strategies based on low commodity prices; but, to the surprise of many, it never happened. The question is: What are the strategic reasons for market participants to wait on the sidelines?