EY’s Byers Sees Huge Pent-Up Demand for Energy IPOs

The video discusses the state of M&A in the energy sector, highlighting a lack of major deals due to low oil prices and market volatility. It explores the potential for IPOs in the energy market, driven by investor interest and pent-up demand. The impact of low oil prices on major companies like Exxon and Chevron is examined, noting a divide between large and mid-sized players. The video concludes with a look at the oilfield services sector, where cost reductions and efficiency gains may drive M&A activity.

What was a major reason for the lack of high-profile M&A deals in the energy sector?

• High oil prices

• Market stability

• Low oil prices and market volatility

• Increased demand for energy

What was the state of the IPO market in the energy sector in 2016?

• There was a lack of new entrants

• There was a surge in new entrants

• There was a decline in investor interest

• The market was stable with consistent growth

Why might investors be interested in energy IPOs despite low oil prices?

• Lack of dividend yields

• Decreasing demand for oil

• High initial costs

• Potential for growth as oil prices rise

How did large oil companies respond to the drop in oil prices?

• They stopped production

• They went out of business

• They focused on short-term gains

• They planned for long cycles

What factor is driving potential M&A activity in oilfield services?

• Decreased efficiency

• Cost reductions and efficiency improvements

• Increased costs

• Lack of interest in shale sector