US oil and gas M&A hits 2022 high in third quarter — on only a handful of deals
Transactions surpass $16 billion, with nearly $13.9 billion in just five deals
Biggest deal: EQT’s $5.2 billion acquisition of producer Tug Hill and associated XcL Midstream in Appalachia was the largest oil and gas transaction in the US during the third quarter.Photo: ASSOCIATED PRESS
