Oil and gas transaction comps
Financial investors displayed an increased interest in the oil and gas sector in 2019. They were involved in 16 deals worth $18.2 billion in 4Q19, ending the year on a strong note with 49 transactions worth $64 billion - up 116% year-over-year; achieving the highest level since we started tracking deals in 2002. Trading Comps: A Comparable Companies Analysis of Key Energy Services by Gregory Alexander Treece Advisor: Dr. Craig Rennie discounted cash flow analysis (“DCF”). Trading comps, precedent transactions, and DCF are both oil and gas producers—a service that is enhance by their proprietary KeyView® Oil & Gas Trading & Transaction Comps Modeling Transaction Comps Overview • Trainees spread O&G transaction comps in Excel and learn how to choose peer compa-nies for the target they are valuing. They also learn how to “scrub” the data, select the O&G value drivers, calculate and use multi- IMAP 9 Global M&A Activity – Transaction Value OIL & GAS Transaction value (EUR Billions) Source: Zephyr Global transaction value by world region of the target company over January 2010 to June 2018. Includes transactions with a transaction value higher than EUR 25 Million and with the status ‘completed-confirmed’. Oil & Gas Comps including hedges. Comps with hedging are important as they show what the company is actually doing in real time with regards to their profitability. It also highlights management’s ability to properly predict/manage risks. If oil prices are locked in, forward looking figures with hedges will give a good indication of what cash PLS provides multiple criteria for selecting comparable transactions either by size, play, geography, oil/gas mix, reserve life and more. The easy-to-use platform allows for multiple criteria for quick compilation of comparable transactions. Mapping Interface. Currently, the United States module is supported by a mapping interface. This is a list of oilfield service companies – notable companies which provide services to the petroleum exploration and production industry but do not typically produce petroleum. In the list, notable subsidiary companies and divisions are listed as sub-lists of their current parent companies.
25 Sep 2019 Oil & Gas · Power & Utilities We found that, two years after a transaction, deals made in a weak economy created more AbbVie's bid for Allergan ($62 billion); Occidental Petroleum Corporation's outbidding of Chevron for Anadarko In terms of valuation, deal multiples—enterprise value divided by
Transaction multiples reflect the differences in market outlooks for the oil and gas sector compared to the alternative energy sector. Gas will become more On the horizon: Oil and gas M&A deals in 2020. There were several large headline transactions in 2019, but overall deal count, particularly for upstream The Mergers & Acquisitions Database features historical and current transactions in the Canadian upstream oil and gas industry. Each deal listed in the 5 Nov 2018 Valuation multiples of recent transactions since January 2017 are relatively high in the oil and gas sector and even higher in the alternative
Trading Comps: A Comparable Companies Analysis of Key Energy Services by Gregory Alexander Treece Advisor: Dr. Craig Rennie discounted cash flow analysis (“DCF”). Trading comps, precedent transactions, and DCF are both oil and gas producers—a service that is enhance by their proprietary KeyView®
The Mergers & Acquisitions Database features historical and current transactions in the Canadian upstream oil and gas industry. Each deal listed in the 5 Nov 2018 Valuation multiples of recent transactions since January 2017 are relatively high in the oil and gas sector and even higher in the alternative Picking a set of comparable companies or precedent transactions for an oil & gas to select the deals and then use the oil & gas-specific metrics and multiples. Welcome to our annual review of global oil and gas transaction activity. In this report, we look at significant trends in oil and gas deal activity over 2017 and the Our expert, independent company and transaction valuations help financial professionals and oil and gas industry planners make confident business decisions. The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity
13 Feb 2020 Build and maintain valuation models incorporating DCF valuation analysis, Market Multiples and Transaction comps. * Expand and maintain
Transaction multiples reflect the differences in market outlooks for the oil and gas sector compared to the alternative energy sector. Gas will become more On the horizon: Oil and gas M&A deals in 2020. There were several large headline transactions in 2019, but overall deal count, particularly for upstream The Mergers & Acquisitions Database features historical and current transactions in the Canadian upstream oil and gas industry. Each deal listed in the 5 Nov 2018 Valuation multiples of recent transactions since January 2017 are relatively high in the oil and gas sector and even higher in the alternative
IMAP 9 Global M&A Activity – Transaction Value OIL & GAS Transaction value (EUR Billions) Source: Zephyr Global transaction value by world region of the target company over January 2010 to June 2018. Includes transactions with a transaction value higher than EUR 25 Million and with the status ‘completed-confirmed’.
31 Jul 2019 Business Valuation Resources recently published EBITDA multiples by industry in (11.1x) and the mining, quarrying, and oil and gas extraction sector (8.4x). View transaction details and statistics on up to 164 data points, 13 Feb 2020 Build and maintain valuation models incorporating DCF valuation analysis, Market Multiples and Transaction comps. * Expand and maintain Oil and gas commodity prices are expected to remain low, as a difficult investment environment and restricted access to financing has dampened dealmaking. Explore recent deal activity in the oil and gas industry, the impact of trade and commodity prices, and five predictions for the year ahead. The EV/EBITDA ratio compares the oil and gas business, free of debt, to EBITDA. This is an important metric as oil and gas firms typically have a great deal of debt and the EV includes the cost of paying it off. EBITDA measures profits before interest. After a spike in 2018, oil and gas activity retreated in 2019. Total deal value declined 31% year-over-year to $208.2 billion, and the total deal volume dropped 25% year-over-year to 138 deals - the lowest volume since 2009. The decrease in deal making was largely attributed to increased skepticism from investors, and limitations on access to capital.The upstream segment drove the majority of deal activity in 2019 (52% of the deal value and 49% of volume). Deal value was dominated by
Trading Comps: A Comparable Companies Analysis of Key Energy Services by Gregory Alexander Treece Advisor: Dr. Craig Rennie discounted cash flow analysis (“DCF”). Trading comps, precedent transactions, and DCF are both oil and gas producers—a service that is enhance by their proprietary KeyView® Oil & Gas Trading & Transaction Comps Modeling Transaction Comps Overview • Trainees spread O&G transaction comps in Excel and learn how to choose peer compa-nies for the target they are valuing. They also learn how to “scrub” the data, select the O&G value drivers, calculate and use multi- IMAP 9 Global M&A Activity – Transaction Value OIL & GAS Transaction value (EUR Billions) Source: Zephyr Global transaction value by world region of the target company over January 2010 to June 2018. Includes transactions with a transaction value higher than EUR 25 Million and with the status ‘completed-confirmed’. Oil & Gas Comps including hedges. Comps with hedging are important as they show what the company is actually doing in real time with regards to their profitability. It also highlights management’s ability to properly predict/manage risks. If oil prices are locked in, forward looking figures with hedges will give a good indication of what cash PLS provides multiple criteria for selecting comparable transactions either by size, play, geography, oil/gas mix, reserve life and more. The easy-to-use platform allows for multiple criteria for quick compilation of comparable transactions. Mapping Interface. Currently, the United States module is supported by a mapping interface.