Dismantling the dinosaurs: a look at U.S. M&A trends

Authors :: Caldwell, Robert H.
Heather, David I.
Source :: The Oil and Gas Journal. Nov 9, 1992, Vol. 90 Issue 45, p66, 4 p.
Publication Year :: 1992
Abstract: Merger and acquisition (M&A) activity in the petroleum industry has declined 50%-70% from its 1988 peak. Major reasons for the decline include the departure of major companies from the M&A market, environmental cost concerns, low capital availability and volatility of oil prices. Future M&A trends in the petroleum industry are also discussed.<br />Current trends in the oil and gas merger and acquisition (M&A) marketplace suggest that business as usual isn't usual anymore. Are these trends the harbinger of bad tidings? Will the [...]