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Top energy companiesReuters
•81% Informative
Energy companies spent $49.2 billion on mergers and acquisitions in 2023 , up from $31.4 billion in 2022 , Ernst & Young report says.
Increase was mainly driven by mega deals among integrated oil and gas companies.
Companies' overall expenditures to $142.3 billion , 36% higher than in 2022 .
M&A activity is expected to continue this year and into 2025 , according to the report.
VR Score
91
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97
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80
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