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Dan Pickering, CIO of Pickering Energy Partners, joins CNBC to discuss his outlook for deal activity in the energy space following the announcement of Sunoco LP's (NYSE: SUN) $7.3B acquisition of NuStar Energy L.P. (NYSE: NS).
Dan sees companies making acquisitions at attractive values in hopes of gaining efficiencies and catching the eye of more investors, and he expects to see more deals until valuations expand.
