What drives share price reactions in Oil & Gas deals? It's not what you are expecting

When Evaluate Energy's Senior Analyst Mark Young kept reading the endless speculation about why share prices went up or down after a deal, he couldn't help but dig deeper.

Different commentators often pointed to the same themes, offering various explanations, but the data analyst in him wasn't satisfied.

"Do we really know?" he wondered.

"We thought it would be interesting to use our data to see if we can help answer some of these questions," said Mark.

He analyzed 150 U.S. and Canadian upstream corporate mergers between 2014 and 2024. The result is the upcoming webinar: Oil and gas M&A: Key influences on market reactions to upstream North American mergers, where Young and Evaluate Energy Director Nikki Zenonos will share findings from their analysis.

Deal valuations and traditional valuation metrics are important and the data shows they play a big role in the share price reaction, but they are not everything, said Mark.

“There are other factors that seem to correlate quite closely with whether an acquirer’s share price takes an immediate hit or increases straight after an acquisition.”

This webinar is a must-attend for anyone looking to learn more about what is driving market responses to oil and gas deals.

?? Date: Tuesday, October 8, 2024

? Time: 16:00 BST / 11:00 ET / 10:00 CT / 9:00 MT live via ZOOM

Register here for Oil and gas M&A: Key influences on market reactions to upstream North American mergers.

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