Acquisitions & Divestitures

While many commercial banks are looking to fund energy deals again, the market’s mood is still cautiously optimistic.

Just as the financial markets began to regain some balance following the 2008 financial crisis and subsequent recession, the energy industry was dealt another blow from the Deepwater Horizon blowout and the massive oil leak in the Gulf of Mexico that followed. While Wall Street responded by sending several Gulf-focused company stocks plummeting, many traditional commercial banking sources opted to stand firm, openly announcing their intent to stay in oil and gas ...