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forbes.com
🌐 75% Global Worthiness
Upstream Oil and Gas M&A Activity Slows in Q4 2024 Despite Strong Yearly Total
The 2024 upstream oil and gas M&A market saw \$105 billion in deals, down from 2023's record, with Q4 activity slowing due to fewer targets and price volatility; however, gas-focused deals boomed, exceeding \$20 billion, driven by LNG exports and returning international buyers.
Upstream Oil and Gas M&A Activity Slows in Q4 2024 Despite Strong Yearly Total
The 2024 upstream oil and gas M&A market saw \$105 billion in deals, down from 2023's record, with Q4 activity slowing due to fewer targets and price volatility; however, gas-focused deals boomed, exceeding \$20 billion, driven by LNG exports and returning international buyers.
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