Houston cos. among largest Q3 energy deals; More IPOs expected


Three of the five largest U.S. oil and gas deals announced in the third quarter involved Houston companies or companies with a major presence in the Bayou City.

Canadian midstream giant Enbridge Inc.’s (NYSE: ENB) rollup of its Houston MLP and other subsidiaries was the largest Houston deal announced in the third quarter with a value of $16.95 billion, followed by London-based BP PLC’s (NYSE: BP) $10.5 billion acquisition of Australia-based BHP Billiton Ltd.’s (NYSE: BBL) U.S. shale assets,…

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