The recent announcement of a $5 billion all-stock deal between Chevron and Noble Energy has some industry players wondering if this is the signal of what's ahead for the upstream M&A market. Our experts recently discuss on an episode of the EnergyCents podcast. Here's an excerpt of their conversation: Breanne Dougherty: Let's be honest. It's a pretty interesting deal and a different year. How drastically different indeed, right? So Chevron with this, back on the Anadarko deal, was placing about a 39% premium on those Anadarko shares, and that was just 15 months ago. Naturally, when we look at what this deal came out ... (full story)