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M&A activity picking up in oil and gas...
Posted on 5/19/16 at 10:17 am
Posted on 5/19/16 at 10:17 am
Posted on 5/19/16 at 10:39 am to The Egg
quote:
Occidental is rumored to attempt a takeover of Apache, though oxy has denied it, of course. This was first reported by oilandgaspeople.com, which no longer has the article up.
That was a bogus story. APA had a company wide meeting to announce layoffs not a merger.
What's really cranked up is restructuring, chap 11s.
Posted on 5/19/16 at 10:47 am to cwill
quote:
That was a bogus story. APA had a company wide meeting to announce layoffs not a merger.
I was hoping it was true.
Posted on 5/19/16 at 10:54 am to The Egg
all my projects recently have been for acquisitions
lots of Wall Street money coming down
lots of Wall Street money coming down
Posted on 5/19/16 at 10:57 am to b-rab2
quote:
I was hoping it was true.
Me too, but it didn't pass the smell test from jump.
Posted on 5/19/16 at 10:59 am to cwill
quote:
cwill
Let me know when yall start hiring again
Posted on 5/19/16 at 11:10 am to The Egg
Not really, it's one deal. You may see some M&A in OFS, but not so much in the E&P space.
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