The drop in oil prices is affecting M&A throughout the energy landscape and in other industries. The consumer goods and retail sector, for example, is getting a boost from increased household income. For many experienced energy investors, the news is also good.

"The downdraft creates phenomenal opportunities for energy investors," says David Capobianco (pictured), co-founder of Five Point Capital Partners, a middle-market private equity firm focused on midstream energy deals. "Buying assets at this point in the cycle creates asymmetric upside." (See related graphic.) Here are five ways in which declining fuel prices are changing the middle market.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.