Midstream Primed for More M&A After a Busy 2022?
Summary:
- The energy infrastructure space was arguably ripe for M&A after the pandemic slowed dealmaking.
- Multiple companies increased their interests in assets as their partners exited, while other deals involved acquiring companies or operations within a basin.
- Some factors that contributed to increased M&A activity in 2022 should continue into 2023, namely strong balance sheets and excess cash flow generation.
Source: https://etfdb.com/energy-infrastructure-channel/midstream-primed-for-more-ma-after-a-busy-2022/
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