据钻机地带网2019年4月4日休斯敦报道，今年第一季度，美国油气并购交易的价值出现了大幅下降。

钻井信息公司(Drilling info)今天发布的统计数据显示，今年第一季度价值16亿美元的油气并购交易创下了美国10年来的新低，比2018年第四季度下降了91%。

此前，2018年的油气并购交易额达到了820亿美元，创下了4年来的新高。

Drillinginfo并购分析师安德鲁·迪特马尔在通过电子邮件发给钻机地带网的一份声明中表示：“由于油价和股市的共同回落，美国上游交易市场在2018年底陷入了停滞。自那以后，油价反弹了20%，E&P的股票上涨了15%，尽管这些股票价格上涨几乎都发生在1月初。然而，油气并购交易并没有以一种有意义的方式回归，而我们认为这在很大程度上是由华尔街推动的。”

Drillinginfo列举了美国今年第一季度油气并购交易价值下降的原因如下：

去年年末油价下跌40%，

来自华尔街的要求提供自由现金流以及要求疲弱的股票和债券市场投资交易的压力，

私人股本袖手旁观，

缺乏改变潜在卖家游戏规则的购买热情。

李峻 编译自 钻机地带

原文如下：

US M&A Deal Value Hits 10-Year Low in 1Q 2019

The value of U.S. mergers and acquisitions (M&A) deals took a dive in the first quarter of 2019.

The $1.6 billion in 1Q 2019 deals is a record 10-year low and down 91 percent from 4Q 2018, according to data released today from Drillinginfo.

This comes after deal value set a four-year record high in 2018 of $82 billion.

“The market for upstream deals came to a halt in late 2018 with the combined pullback in oil prices and equities,” Drillinginfo M&A analyst Andrew Dittmar said in a statement emailed to Rigzone. “Since then, oil has rebounded by 20 percent and E&P stocks are up 15 percent, albeit with nearly all those stock price gains taking place in early January. However, deals haven’t returned in a meaningful way and we believe that is being largely driven by Wall Street.”

Drillinginfo cited reasons for the decline in deal value as:

a 40 percent drop in oil prices in late 2018

pressure from Wall Street to deliver on free cash flow and weak equity and debt markets to fund deals

private equity sitting on the sidelines

lack of buying enthusiasm changing the game for would-be sellers