May 30, 2019
Rising oil prices boost M&A confidence in oil and gas
Oil prices continue to rise, and executives are seeing the payoff on cost and capital efficiency measures initiated during the oil price downturn. 85% of oil and gas executives are anticipating between 6% and 15% revenue growth in 2019, according to the EY Global Capital Confidence Barometer. Despite their optimism, executives have an eye on the downside risks. Andy Brogan. EY Global Oil & Gas Leader, explains.