The report beneath provides a superb overview of the exercise of mergers and acquisitions within the vitality sector within the third quarter. Based on information launched by the trade information tracker FactSet, mergers and acquisitions by goal firms established within the vitality sector in North America within the second quarter of 2019 included 58 transactions.
One of many notable mid-market transactions within the sector was closed in June when Austin Vitality acquired the Nacogdoches manufacturing facility from Southern Energy Co., the final word property of The Southern Co. for 460 million US dollars. The transaction enhances Austin Vitality's service and product portfolio. The Nacogdoches energy plant is positioned in Texas.
Indicators of Trade
The common retail worth of diesel and common gasoline in the US decreased by 5.eight% and three.zero% respectively through the week ending July 15, 2019, in comparison with the identical week in 2018.
The spot crude oil worth fell 22.three% through the week ending July 5, 2019 in comparison with the identical week in 2018.
Posted by Roy Graham.
Learn right here the third quarter bulletin of vitality as a complete