U.S. Upstream Oil & Gas Dealmaking Falls Again Amid Low Oil Prices
Yahoo Finance·2025-10-23 04:00
Mergers and acquisitions in the U.S. upstream oil and gas sector fell for a third straight quarter, marking an end to blockbuster takeovers seen in recent years amid persistently low energy prices. According to Enverus Intelligence Research, deals worth 192 billion recorded in 2023. U.S. crude futures averaged ~ $65 a barrel during the third quarter, around the level ...