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 risen from rebounded after a slow April to the low $50s, but remain relatively range-bound
- U.S. Rig counts continue to rise
- M&A activity in the equipment & services space remained strong, highlighted by Rockpile ~$280mm sale to Keane Group
- Power demand continued on its long-term flattening trend, potentially driving industry consolidation