Terry Radney, Co-Chair of Locke Lord’s Energy Practice Group and a Partner in the Firm’s Houston office, was quoted by The Texas Lawbook on the impact of rising commodity prices on current merger and acquisition trends in the energy industry. “We have already seen higher commodity prices leading to increased deal activity,” Radney noted. “Activity began to pick-up in mid-2021 and it has continued into 2022 but has not returned to pre-pandemic levels.”
Radney also noted many sellers have been waiting for increased commodity prices to test the market. “The reports of the death of the oil-and-gas industry have been greatly exaggerated as we are definitely seeing much more interest in the space and more activity now,” Radney added.
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