The latest issue of our monthly Energy Equipment & Services Report, highlighting trends in M&A, financing and capital markets for private and public companies in the energy market, is now available.
Highlights from this report include:
- Crude prices have declined to the upper $40s as U.S. drilling continues to rise.
- The total U.S. rig count has more than doubled since its low in 2015.
- U.S. crude inventories have continued to rise, though global stocks have begun to moderate and refined product inventories have begun to decline.
- Equity markets have moderated following several months of growing enthusiasm, though fundamentals remain strong.