據(jù)油價網(wǎng)報道,能源數(shù)據(jù)分析公司Enverus周一(7月12日)表示,今年第二季度大宗商品價格的強勁反彈和股價的回升,標志著美國上游部分的許多能源并購的回歸,季度價值處于2019年第二季度以來的最高水平。
今年第一季度,美國石油和天然氣交易開局溫和,但第二季度卻大幅增長。 Enverus在一份報告中稱,今年4月至6月間,美國石油天然氣行業(yè)共宣布了40多宗交易,總價值達到330億美元。
這家能源數(shù)據(jù)分析公司表示:“這是自2019年第二季度以來最高的季度價值總數(shù),包括美國第4大石油公司西方石油公司對阿納達科石油公司的歷史性收購,也是自2014年以來宣布的超過10億美元的交易?!?/p>
Enverus高級并購分析師安德魯·迪特馬爾在評論該數(shù)據(jù)時表示:“為了應(yīng)對投資者要求提高運營效率的壓力,勘探與生產(chǎn)公司已經(jīng)把整合放在了優(yōu)先位置?!?/p>
迪特馬爾指出:“在過去四個季度中,有三個季度并購活動非常活躍,過去12個月上游并購交易的規(guī)模超過了850億美元?!?/p>
今年上游并購排名第一的是5月份宣布的一項交易,卡伯特油氣公司和Cimarex能源公司宣布了一項全股權(quán)對等合并,合并后的公司企業(yè)價值將達到大約170億美元。
第二筆最有價值的交易是先鋒自然資源公司以64億美元收購獨立能源公司雙點能源公司,其中包括承擔約9億美元的債務(wù)。
Enverus表示,今年迄今為止的并購活動表明,美國頁巖領(lǐng)域的交易目標發(fā)生了轉(zhuǎn)變。去年,主要是上市公司進行整合,以實現(xiàn)運營和管理協(xié)同。 今年,上游并購交易的主要推動力是上市公司收購私人和私募股權(quán)贊助的生產(chǎn)商。
李峻 編譯自 油價網(wǎng)
原文如下:
U.S. Oil Industry Sees More M&A Dealmaking As Prices Rise
The strong rally in commodity prices and the recovery in share prices in the second quarter of 2021 marked the return of many energy mergers and acquisitions in the U.S. upstream segment, with quarterly value sitting at its highest since the second quarter of 2019, energy data analytics company Enverus said on Monday.
Following a timid start to 2021 in the first quarter, the pace of U.S. oil and gas deals surged in the second quarter. More than 40 deals were announced between April and June, for a combined total value of $33 billion, Enverus said in a report.
“That is the highest quarterly value total since 2Q19, which included Occidental Petroleum’s historic buy of Anadarko Petroleum, and is tied for the most announced deals above $1 billion since 2014,” the energy data analytics firm said.
“Responding to investor pressure to operate more efficiently, E&P companies have prioritized consolidation,” Andrew Dittmar, senior M&A analyst at Enverus, said, commenting on the data.
“With three extremely active quarters out of the last four, there has been more than $85 billion announced in upstream M&A during the prior 12 months,” Dittmar noted.
Top of the list in the upstream M&A was the deal announced in May, in which Cabot Oil & Gas Corporation and Cimarex Energy announced an all-stock merger of equals that would result in a company with a total enterprise value of around $17 billion.
The second most valuable deal was Pioneer Natural Resources acquiring energy-independent DoublePoint Energy for a consideration of $6.4 billion, including the assumption of some $900 million in debt.
The M&A activity so far this year shows that there has been a shift in the targets of deals in the shale patch, the analytics firm says.
Last year, it was mostly public companies consolidating to achieve operational and administrative synergies. This year, the main driver of upstream M&A deals has been public companies acquiring private and private equity-sponsored producers.
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