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Graph of the Week

M&A Trends in the Energy Patch

Despite the recent flurry of mergers and acquisitions announced by Devon Energy Corp (NYSE: DVN), deal flow in the global oil and gas industry has slowed in recent years. In contrast, asset purchases and company takeovers by energy-focused master limited partnerships hit a new high this year and accounted for more than half the transaction value in the US oil and gas industry. 

M&A Activity in MLP Space Remains Robust

Over the past decade, the current universe of publicly traded partnerships has closed 682 transactions–a total value of $226.72 billion. Deal flow has been particularly robust over the past three years, reaching a record $47.6 billion in 2010. With the group having completed or announced $25 billion worth of acquisitions thus far in 2013, we expect transaction volume and value in the MLP space to be on par with recent years. 

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      Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor

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      Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor

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      Managing Editor: Capitalist Times and Energy & Income Advisor