Serafina Smith

Data Insight Oil majors could pare portfolios Activity to expand beyond Permian Basin Trump’s FTC likely to ease energy regulation Last year’s gusher of mega-deals by oil and gas majors, including Diamondback’s [NASDAQ:FANG] USD 28.1bn acquisition of Endeavor Energy Resources, could prompt a slew of divestitures, industry experts told Mergermarket. The midstream and oilfield services sectors will also continue to consolidate.

Data Insight Amid a rebound in M&A activity targeting oil and gas pipeline and storage operators, cash-rich corporates are expected to continue filling in the void left by private equity firms, according to market participants. Over the last five years, strategics have been playing an increasingly dominant role in North American midstream M&A, while financial-sponsor participation has declined.