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Upstream M&A sails to $17 billion in 1Q25
- Upstream M&A activity opened 2025 with substantial deal value.
- Diamondback Energy's acquisition of Double Eagle IV disproportionately drove this activity.
- This single acquisition by Diamondback set a record within the Permian Basin.
- The year opened with $17 billion in deal value, though Andrew Dittmar sees "challenging conditions."
- High asset prices and weakening crude collide, making current deals tough but creating future opportunities.
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28 Articles
28 Articles
abc12/WJRT+27 Reposted by 27 other sources
Upstream M&A sails to $17 billion in 1Q25
But OPEC and tariff storm kick up rough seas for deals,
·Flint, United States
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Total News Sources28
Leaning Left3Leaning Right1Center12Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
L 19%
C 75%
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