How active is Strategic / Industry in oil gas services acquisitions?

143 disclosed strategic / industry acquisitions of oil gas services businesses analyzed (143 from 2018+). Run the ExitValue.ai calculator to see what this buyer pool would pay for your specific business.

Who are the most active strategic / industry buyers of oil gas services businesses?

Top recent acquirers by deal count: Chevron Corporation (4 deals), Cenovus Energy Inc. (3 deals), Diamondback Energy, Inc. (3 deals), Devon Energy Corporation (2 deals), ONEOK, Inc. (2 deals), ConocoPhillips (2 deals).

BUYER POOL ANALYSIS

Selling a Oil Gas Services to Strategic / Industry buyers

Industry operators, larger competitors, and corporate buyers acquiring for synergies, geographic expansion, or capability fill. Typically pays a premium for clear strategic fit but discounts for integration cost and overlap.

Quick answers

How many disclosed transactions?: 143 deals total (143 from 2018+), filtered to Strategic / Industry acquirers of oil gas services businesses.
Most active buyers: Chevron Corporation (4) · Cenovus Energy Inc. (3) · Diamondback Energy, Inc. (3) · Devon Energy Corporation (2) · ONEOK, Inc. (2) · ConocoPhillips (2)
What would this buyer pool pay for my business?: Run the ExitValue.ai calculator to see your oil gas services priced against the 143 disclosed strategic / industry transactions in this segment. The engine surfaces the specific multiples that apply to your size, margin, and growth profile.

Recent disclosed deals

Strategic / Industry acquisitions of oil gas services businesses with named target and named acquirer.

Year	Target	Acquirer
2026	Coterra Energy Inc.	Devon Energy Corporation
2026	Rose & Associates, LLP	Computer Modelling Group Ltd.
2026	Valaris Limited	Transocean Ltd.
2025	Arrow Engine Company	IES Infrastructure Solutions, LLC
2025	Avenir LNG Limited	Stolt-Nielsen Gas Ltd.
2025	BridgeTex Pipeline Company LLC	Plains All American Pipeline, L.P.

What this buyer pool prices for

Strategic buyers - operators in adjacent geographies, larger competitors, or corporate consolidators - price for synergies and capability fill. They tend to discount integration cost and overlap risk but pay above market when there's clear strategic fit (key customer relationship, license, geography, technician/professional team). Pricing is competitive with PE for fee-viable deals; weaker on sub-scale acquisitions.

Methodology note

Deal flow shown reflects disclosed M&A transactions in the ExitValue.ai database, filtered to oil gas services businesses acquired by strategic / industry buyers. Deal counts shown reflect deals with disclosed financials only - total transaction count for this buyer pool is typically 2-3x larger. The valuation engine reveals the specific multiples that apply to your business when you run the calculator above. Full methodology

What's your oil gas services worth to strategic / industry?

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Engine-grounded estimate. Comparable strategic / industry deals on the full results page.