Marathon Petroleum's sale of its retail business Speedway to convenience-store chain 7-eleven was the largest mergers and acquisitions deal within the United States oil and gas industry in 2020. In a year, which saw many within the industry suffer from lower oil demand, Marathon's sale brought the company 21 billion U.S. dollars in cash. Another notable acquisition that year was the take-over of Nobel Energy by oil supermajor Chevron for 13 billion U.S. dollars.
Largest mergers and acquisitions within the oil and gas industry in the United States in 2020, by value
(in billion U.S. dollars)
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Deloitte. (February 10, 2021). Largest mergers and acquisitions within the oil and gas industry in the United States in 2020, by value (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1214347/us-largest-oil-and-gas-industry-mergers-and-acquisitions-value/
Deloitte. "Largest mergers and acquisitions within the oil and gas industry in the United States in 2020, by value (in billion U.S. dollars)." Chart. February 10, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1214347/us-largest-oil-and-gas-industry-mergers-and-acquisitions-value/
Deloitte. (2021). Largest mergers and acquisitions within the oil and gas industry in the United States in 2020, by value (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1214347/us-largest-oil-and-gas-industry-mergers-and-acquisitions-value/
Deloitte. "Largest Mergers and Acquisitions within The Oil and Gas Industry in The United States in 2020, by Value (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Feb 2021, https://www.statista.com/statistics/1214347/us-largest-oil-and-gas-industry-mergers-and-acquisitions-value/
Deloitte, Largest mergers and acquisitions within the oil and gas industry in the United States in 2020, by value (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1214347/us-largest-oil-and-gas-industry-mergers-and-acquisitions-value/ (last visited December 21, 2024)
Largest mergers and acquisitions within the oil and gas industry in the United States in 2020, by value (in billion U.S. dollars) [Graph], Deloitte, February 10, 2021. [Online]. Available: https://www.statista.com/statistics/1214347/us-largest-oil-and-gas-industry-mergers-and-acquisitions-value/
