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Oil, gas deal tracker: 2021 starts with billion-dollar M&A


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10 Feb, 2021
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Allison GoodGaurang Dholakia
Large-scale oil and gas M&A deal-making got a boost in January from a pair of billion-dollar acquisitions by New Fortress Energy Inc., according to S&P Global Market Intelligence data.
During the month, the sector announced 37 whole-company and minority-stake deals, compared to 27 in January 2020. The combined value of the January 2021 deals soared year over year from $616 million to $5.13 billion.
The aggregate value of announced asset transactions, however, decreased 22% from $950 million to $739 million as the number of deals fell from 32 to 28.
New Fortress Energy s acquisitions of Hygo Energy Transition Ltd. for $2.76 billion and Golar LNG Partners LP for $1.56 billion were the biggest deals announced during January. ....

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Is Diamondback Energy Stock a Buy? | The Motley Fool


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Matthew is a senior energy and materials specialist with The Motley Fool. He graduated from Liberty University with a degree in Biblical Studies and a Masters of Business Administration. You can follow him on Twitter for the latest news and analysis of the energy and materials industries: Follow @matthewdilallo
Oil stocks have been abysmal investments in recent years. Most have lost value, significantly underperforming the market.
However, one of the few bright spots has been 
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