Ongoing M&A activity in the upstream portion of the oil and gas industry has garnered a lot of attention, most recently regarding ExxonMobil’s planned $64.5 billion acquisition of Pioneer Natural Resources. But there’s also been a lot of consolidation in the midstream space as the companies that gather, process, transport, store and export hydrocarbons seek to gain the scale, scope and synergies they think they will need to succeed in an increasingly competitive industry. In today’s RBN blog, we discuss highlights from our newly released Drill Down report on the major midstream deals of 2022 and 2023 to date.
Let’s Work Together – Midstream Companies Combining to Gain Scale, Fill in Asset Gaps
