Oil And Gas M&A Lows And Highs In 2015

Thanks to volatile oil prices leading to wide bid-ask spreads in the upstream space, the overall deal count in Oil and Gas M&A is on pace for a 40% annual decline to about 900 deals, the lowest level in at least 10 years, notes research firm CreditSights. However, there are some bright points especially in terms of dollar amounts. Brian M. Gibbons and team at CreditSights in their report titled: “Oil & Gas M&A: Dollar Volume Hides Low Activity” reckon an uptick in the M&A activity could be delayed until 2016. Global M&A deal activity down in 3Q15 Gibbons et…