Insight
M&A market update: November 2018 – Encana scoops Newfield
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
November deal count was low, but some standout deals ensured that spending levels were high. Encana's US$8.2 billion takeout of Newfield saw the recent spate of corporate mergers continue; although this one signalled a change of tack: diversification (not play-level consolidation) was the driver. Cimarex followed the more conventional route in building scale when acquiring fellow Permian pure-play Resolute Energy for US$1.8 billion. QEP exited both the Bakken and Haynesville to itself transition to a Permian pure-play.
Table of contents
-
The month in brief
- Announced deals
- Trends
- Headline deals: announced
- North America
- Rest of the World
-
Deal Pipeline
- Headline additions
- Notable updates
- Appendix
Tables and charts
This report includes 10 images and tables including:
- Weighted average Implied Long-Term Oil Price vs. Brent oil price
- No. of deals in Pipeline by region/resource
- Value of deals in Pipeline by region/resource
- Monthly spread between Brent and the Implied Long-Term Oil Price vs. deal count vs. deal spend
- Monthly deal count North America vs. ROW
- Monthly deal spend North America vs. ROW
- Monthly deal count by region ROW
- Monthly deal spend by region ROW
- Implied Long-Term Oil Price (deal by deal) vs. Brent oil price
- Global M&A – November 2018
What's included
This report contains:
Other reports you may be interested in
Insight
M&A market update: November 2017 - deal flow grows in RoW
M&A activity picks up, led by jump in transactions outside North America
$1,350
Insight
Global upstream M&A in brief
The global upstream M&A in brief provides the Wood Mackenzie view on all of the key M&A events as they unfold.
$1,350
Insight
Gold in Brief
Our Gold in brief is a rolling coverage of key events as they happen in the global Gold market.
$1,050
