M&A Frenzy Reshapes U.S. Oil Patch Into 40 Power Players

Strategic acquisitions of premier assets and the drive for efficiency and scale led to a stellar year for mergers and acquisitions in the U.S. oil and gas industry in 2024. Following a 331% surge in deal value to $206.6 billion last year, the number of the top publicly traded exploration and production companies in the American oil and gas sector has declined from 50 to just 40, Ernst & Young LLP said in a new study published this week. Despite the smaller number of the top players, the resulting 40 large listed U.S. oil and gas firms continued…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com