Attracted by Vast Opportunities, Profit Potential, Financial Investors Spent Nearly $245 Billion in Upstream Energy in Last Decade, IHS Markit Says

Dateline City:
HOUSTON
Contacts
All Industries
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Chemicals; Energy; Natural Resources
Melissa Manning, +1 832 458 3840
melissa.manning@ihsmarkit.com

Myriad of factors, including significant cash on hand, expected to drive continued participation in sector

HOUSTON (Aug. 11, 2016) – Lured by significant upside potential, vast numbers of attractive opportunities for investment, and ample cash and funding, financial investors spent nearly $245 billion on upstream energy transactions during the past decade, with their annual transaction activity increasing six-fold, according to new analysis from IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions.

Language:
English

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