In an ongoing volatile market, deals activity remains top of mind across all segments of the energy industry. PwC’s energy practice helps corporate and private equity executives navigate transactions to increase value and returns.
PwC’s Energy Deals practitioners help corporate and private equity executives navigate transactions to increase value and returns. Our experienced M&A specialists assist clients with a range of transactions from smaller and mid-sized deals to the most complex transactions. We integrate our deep industry knowledge and expertise with our clients' point of view to deliver strategy through execution.
The oil and gas industry is recalibrating in response to an array of shifting market drivers. The prolonged decline in demand for both oil and gas production and refined products due to Covid- 19 will likely continue to keep capital discipline front-and-center. This could present headwinds for deals opportunities for many companies, as other competing calls for cash will require deals to demonstrate strong prospects to deliver accretive returns more quickly than other capital investment alternatives. However, announced deals in October indicate that opportunity exists for well- capitalized E&P players to acquire quality assets, build on existing drilling inventory, and unlock corporate synergies.
2020 has rocked every sector, and the oil and gas industry was hit particularly hard — on numerous fronts. The dual supply and demand shock of the spring followed growing uncertainty on both near- and long-term demand levels. The US will continue to be a dominant producer on the global stage, but pressure for consolidation is swiftly accelerating, and the industry’s structure will likely look much different in 2021 (and beyond).
Energy Deals Leader, PwC US