Dear Clients and Friends,
If 2017 was a volatile year for markets, 2018 seemed determined to one-up its predecessor. There were few energy-related areas that were not touched by turmoil last year, from commodity price volatility to weather to the broader economy, but our industry made the best of a situation marked by uncertainty and challenges. And we thank you for routinely turning to us for counsel to help you reach your goals.
In 2018, we commemorated the 30th anniversary of our Houston office’s opening with a celebration that saw us reunite with alumni and celebrate with longtime clients, for whom we worked on deals with a cumulative value of more than $65 billion last year. These included such marquee transactions as CenterPoint Energy’s $6 billion acquisition of Vectren and Diamondback Energy’s $9 billion acquisition of Energen. While The Texas Lawbook highlighted the former as being among “The Top 10 Texas M&A Deals” for 2018, these were just two of many industry-defining transactions for which our clients turned to us.
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