The number of oil and gas transactions was down in 2009, but deal values were up and analysts are forecasting a positive outlook for the industry in 2010.
Offshore exploration and appraisal activity dropped by more than 35% throughout 2009, according to the latest oil and gas industry figures released by Deloitte.
While nowhere near all-time highs, crude oil prices have stabilized somewhat and the industry is poised to repair balance sheets as cash flow recovers in2010. Gianna Bern of Brookshire Advisory and Research Inc. has penned The Brookshire Report: Oil and Gas Outlook with some insights into 2010.
While 2009 deal volumes were down considerably compared to 2008, with 1,916 energy and power deals completed in 2009 versus 2,351 in 2008, there are clear signs that a new wave of oil and gas transactions is emerging.
Research & Data Topics
Do your own due diligence - Oil & Gas Financial Journal
... Therefore, investors should be certain that appropriate due diligence is conducted prior to placing money into an oil and gas investment. ...
Do your own due diligence - Oil & Gas Financial Journal
... Therefore, investors should be certain that appropriate due diligence is conducted prior to placing money into an oil and gas investment. ...
Jacobson, Wong join energy investment group at Raymond James - Oil ...
... Previously, he spent more than three years as an associate director with Scotia Waterous, the oil and gas investment banking arm for the Bank of Nova Scotia ...
Jacobson, Wong join energy investment group at Raymond James - Oil ...
... Previously, he spent more than three years as an associate director with Scotia Waterous, the oil and gas investment banking arm for the Bank of Nova Scotia ...
M&A leader says low valuations are driving activity - Oil ...
... Scotia Capital, we have become involved in the oil and gas investment banking business ... are the major obstacles to development of oil and gas resources in North ...
