Dealert Deals Oil & Gas
Sub-sector · Oil & Gas

Recent Oil & Gas M&A deals

Transactions classified within the Oil & Gas sub-sector. Sectors follow a structured hierarchy so filters and comparable sets stay reproducible.

Deals in this slice
1,827
Public & account-only records combined
Year range
2026
Across the visible recent transactions
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Recent transactions

Public snapshots in Oil & Gas

Target Buyer / Investor Sector Geo Transaction size EV / EBITDA
North American Blue Energy Partners (NABEP) Pentagon’s Office of Strategic Capital Oil Exploration & Production - Onshore $225M – $305M 5× – 6×
North American Blue Energy Partners U.S. Department of War’s Office of Strategic Capital Oil Exploration & Production - Onshore $100,000M 4× – 5×
Birch Permian Holdings, Inc. Diversified Energy Company Oil Exploration & Production - Onshore $140M – $190M 5× – 6×
Venezuela oil reserves United States of America Oil Exploration & Production - Onshore $3,400M – $4,600M 4× – 5×
Venezuela Oil and Electric Grid Assets Chevron, Eni, GE Vernova Oil Exploration & Production - Onshore $7,000M 7× – 9×
PEL83 license operated interest (Mopane discovery) TotalEnergies Oil Exploration & Production - Offshore $520M – $700M n/m
Junin-5 oil field Eni Oil Exploration & Production - Onshore $1,105M – $1,495M 4× – 5×
Bloco Tupinambá Shell Oil Exploration & Production - Offshore $1.3M n/m
Newly formed oil company with rights to Venezuelan oil fields United States Government, North America Blue Energy Partners Oil Exploration & Production - Onshore $139,000M n/m
Zenith Energy I Squared Capital Oil & Gas Refining and Marketing (NEC) $550M – $740M 7× – 10×
Showing 10 of 1,827 records in this slice. Create a free account for the full view.
Valuations

Valuation multiples in Oil & Gas

Bins are observed deal frequencies across disclosed transactions. Use as a directional reference, not a target valuation.

Mature companies

EV / EBITDA

3.5×
15
4.0×
43
4.5×
35
5.0×
65
5.5×
30
6.0×
41
6.5×
30
7.0×
27
7.5×
20
8.0×
18
8.5×
9
9.0×
4
9.5×
1
10.0×
6
Mean
5.96×
Median
5.71×
P25
4.94×
P75
6.94×
P90
8.00×

EV / EBIT

5.0×
22
5.5×
28
6.0×
22
6.5×
45
7.0×
30
7.5×
26
8.0×
36
8.5×
34
9.0×
22
9.5×
18
10.0×
19
10.5×
12
11.0×
9
11.5×
6
12.0×
3
12.5×
4
13.0×
3
13.5×
4
14.0×
1
Mean
8.11×
Median
7.92×
P25
6.67×
P75
9.28×
P90
10.75×

EV / Revenue

0.3×
85
0.5×
31
0.8×
18
1.0×
41
1.3×
64
1.5×
38
1.8×
20
2.0×
10
2.3×
12
2.5×
13
2.8×
5
3.0×
2
3.3×
3
3.5×
4
3.8×
1
Mean
1.23×
Median
1.24×
P25
0.50×
P75
1.60×
P90
2.33×
Early-stage & growth companies

EV / Revenue

1.0×
1
1.3×
7
1.5×
4
1.8×
2
2.0×
3
2.3×
2
2.5×
2
3.0×
3
3.3×
1
4.3×
1
4.5×
1
4.8×
3
5.3×
1
6.0×
1
6.5×
2
6.8×
1
7.0×
4
8.0×
2
8.3×
1
8.8×
2
10.5×
2
11.0×
1
11.3×
1
12.0×
1
12.5×
2
13.5×
1
14.0×
1
15.0×
1
16.0×
2
16.5×
1
18.8×
1
Mean
6.32×
Median
4.85×
P25
2.04×
P75
8.87×
P90
13.78×

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