Total oil & gas industry M&A deals worth $16.35bn were announced in North America in February 2021, led by Energy Transfer’s $7.2bn acquisition of Enable Midstream Partners, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked an increase of 803.3% over the previous month of $1.81bn and a rise of 68.7% when compared with the last 12-month average of $9.69bn.

North America held a 65.95% share of the global oil & gas industry M&A deal value that totalled $24.79bn in February 2021. With a 44.94% share and deals worth $11.14bn, the US was the top country in North America’s M&A deal value across oil & gas industry.

In terms of M&A deal activity, North America recorded 47 deals during February 2021, marking an increase of 20.51% over the previous month and a drop of 17.54% over the 12-month average. The US recorded 35 deals during the month.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

North America oil & gas industry M&A deals in February 2021: Top deals

The top five oil & gas industry M&A deals accounted for 83.02% of the overall value during February 2021.

The combined value of the top five oil & gas deals stood at $13.58bn, against the overall value of $16.35bn recorded for the month.

The top five oil & gas industry M&A deals of February 2021 tracked by GlobalData were:

1) Energy Transfer’s $7.2bn acquisition of Enable Midstream Partners

2) The $3.69bn merger with ARC Resources and Seven Generations Energy

3) Lanxess’ $1.08bn acquisition of Emerald Kalama Chemical

4) The $900m asset transaction with Equinor Energy by Grayson Mill Energy

5) Crescent Point Energy’s asset transaction with Shell Canada Energy for $707m.