The first quarter of 2017 set a record with $73 billion in announced US oil and gas mergers and acquisitions, nearly triple the same period last year, according to a recent report from the London consulting firm PricewaterhouseCoopers.
More companies also prepared last quarter to go public, signaling a potential increase in initial public offerings this quarter.
Companies announced deals worth $49 billion in January alone — far and away the highest total of any first quarter since 2010, Doug Meier, the firm’s US oil and gas deals leader, said.
Full Content: Fuel Fix
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