Plunging Gas Prices Could Kill Off $40 Billion In Deals ...Middle East

OILPRICE - Economy
Plunging Gas Prices Could Kill Off $40 Billion In Deals
Last year, mergers and acquisitions in the U.S. oil and gas industry declined to the lowest level since 2005, with 160 deals completed despite booming oil and gas prices. Yet most of these deals were for top-quality assets at top prices. The industry was doing well and could afford billion-dollar mergers. Now, things are changing. The Wall Street Journal reported recently that merger and acquisition activity in the U.S. oil and gas space had dropped off a cliff as natural gas prices plummeted. The predominantly warm winter and…

Hence then, the article about plunging gas prices could kill off 40 billion in deals was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Plunging Gas Prices Could Kill Off $40 Billion In Deals )

Apple Storegoogle play

Last updated :

Also on site :