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A&D - A look ahead to 2020 M&A strategies of public E&P firms - February 2020
The major public E&P companies have historically been the primary drivers of US upstream M&A activity, but a variety of factors has led to their partial eclipse by private equity-funded entities and investment firms. The shale revolution launched a massive land grab as E&Ps competed for positions in the premier resource plays. Then the crude price plunge in late 2014 brought the debt-laden industry to the brink of insolvency. Belying the naysayers, E&P companies......
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