据RZNews.com网站10月28日休斯顿报道，根据普华永道会计师事务所（PwC）10月25日发布的季度报告，美国石油和天然气并购活动在第三季度创下了新高，达到了1228亿美元，创下2014年第三季度以来的最高季度交易价值。
第三季度交易价值中高达82%的交易价值是由大型交易（至少50亿美元）推动的，其中包括两笔上游领域的交易。
美国油气数据公司Drillinginfo公司最近对美国第三季度上游交易进行了调查，他们报告价值320亿美元，创下了2012年第四季度以来的新高。
PwC发现，中游行业的美国业主有限合伙制（MLP）重组促成了807亿美元的巨额交易，为第三季度带来了很大一部分交易价值。投资者正在寻求中游资产来缓解与外卖产能相关的运营瓶颈，尤其是在像二叠纪一样的地区。
PwC美国能源公用事业与矿业交易主管乔•邓利维在季度报告中说：“大型交易和关联交易是今年第三季度的重点。但是，交易者会对税务重组带来的兴奋感感到满意，还是会通过战略性收购让交易活动重新活跃起来，并将实际价值推至多年未见的水平? 可能两者兼而有之。”
PwC的报告发现，虽然美国石油和天然气行业今年不太可能看到其在2017年看到的224笔并购交易（今年到第三季度结束时只有141笔并购交易），但今年前9个月的2345亿美元的总交易额超过了过去10年里每年前9个月的交易价值。
李峻 编译自 RZNews.com
原文如下：
Mega Deals Push M&A Value to $122.8B in 3Q
Oil and gas M&A activity in the United States hit a high note in 3Q to the tune of $122.8 billion – making it the highest deal value since 3Q 2014, according to PwC’s quarterly report released Oct. 25.
A whopping 82 percent of the 3Q deal value was driven by mega deals (classified as being at least $5 billion), including two in the upstream sector.
Drillinginfo recently took a look at the 3Q’s upstream deals, which they reported valued at $32 billion, a record high since 4Q 2012.
PwC found that MLP restructurings in the midstream sector was responsible for mega deals of $80.7 billion that generated much of 3Q’s deal value. Investors are seeking midstream assets to alleviate operational bottlenecks related to takeaway capacity, specifically in areas like the Permian, where production has soared.
“Mega deals and affiliate transactions, that’s the story of the 2018 third quarter,” Joe Dunleavy, PwC’s U.S. Energy Utilities & Mining Deals Leader, said in the report. “But, will dealmakers remain satisfied with the thrill of a tax restructuring, or will strategic acquisitions bring the sizzle back to deal-making activity and drive real value to levels not seen in multiple years? Probably both.”
PwC’s report found that while the oil and gas industry is unlikely to see the 224 deals it saw in 2017 (at 3Q end there were 141), the total deal value of $234.5 billion for the first nine months of 2018 surpassed nine-month deal values for each year of the last decade.
