John Goodgame Talks Reduced MLP Deal Activity with Law360
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For its “5 Energy M&A Trends Amid 2015 Oil Price Slump” article, Law360 quoted Akin Gump oil and gas partner John Goodgame on the slowdown in midstream oil and gas M&A as 2015 progressed.
The article notes that this includes the master limited partnership (MLP) space, which had been seen as an area in which significant consolidation could occur.
Goodgame, whose practice focuses on energy industry MLPs, said, “I suspect that is because there has not yet been agreement between the potential consolidators on value. The consolidation may have been pushed off somewhat because capital markets were open in the first half of the year.”
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