Op-ed: Here’s why oil and gas company mergers usually fail

Over two-thirds of all mergers fail, with the failures blamed on post-merger issues such as execution gaps, lack of cultural alignment and integration problems. Closer scrutiny of failed mergers and acquisitions in the oil and gas industry paints a different story. It appears CEOs and board members often create the conditions for failure by ignoring the most critical stakeholder, the customer, and instead focusing on cost cutting and efficiency as the primary source of shareholder value.

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