PwC report: 2019 saw fewer, smaller energy deals than prior year

Although Houston was host to the largest oil and gas merger of the year, deals across the space were down in 2019 by total value, volume and average size.

Of the seven deals in 2019 valued over $5 billion — so-called megadeals — four of them involved Houston companies, according to a report published by PricewaterhouseCoopers International Ltd. on Jan. 23. The largest of the deals was Houston-based Occidental Petroleum Corp.’s (NYSE: OXY) acquisition of The Woodlands-based Anadarko Petroleum…

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