BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 29.Jan.2025) — Enverus subsidiary Enverus Intelligence® Research (EIR), said upstream merger & acquisition (M&A) deals closed in the US reached a value of $105bn in 2024, the third highest total tracked by Enverus.
This value only trailed a record-setting $192bn in 2023. This compares $108bn booked in 2014. M&A activity fell in the back half of the year with $9.6bn of upstream M&A recorded in the fourth-quarter 204 (4Q:24), marking the fourth consecutive decline in quarterly value, EIR said 29 Jan. 2025 in an official statement
