Big Oil executives have become increasingly hesitant to pull the trigger after the last M&A wave turned into a disaster for acquiring companies.
- Aug 04, 2022, 4:00 PM CDTBig Oil executives have become increasingly hesitant to pull the trigger after the last M&A wave turned into a disaster for acquiring companies.Join Our Community
It’s therefore hardly surprising that Big Oil executives have become increasingly hesitant to pull the trigger after the last M&A wave turned into a disaster for acquiring companies.contracted 65% Y/Y to $12 billion "The spike in commodity prices that followed Russia’s invasion of Ukraine temporarily stalled M&A as buyers and sellers disagreed on the value of assets," said Andrew Dittmar, a director at Enverus Intelligence Research.
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