JP Morgan: More oil mergers looming on horizon

03/05/2001
The global oil and gas industry will see another wave of major mergers within the next 2 years, as the "bigger is better" trend in consolidation continues.That prediction came from Jeremy Wilson, JP Morgan's global head of energy mergers and acquisitions, speaking at the Institute of Petroleum's IP Week late last month in London. He said there are still "two or three major mergers to be done" in the near future, because global equity markets continue to reward oil companies that have scaled up their market capitalization through acquisition with higher share prices."This is a self-evident truth. The equity markets are assigning higher multiples directly correlating to size," he sa...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected