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Summit Petroleum Corp.

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Enverus: 1Q Upstream Deals Hit $51B, but Consolidation is Slowing

Oil and gas dealmaking continued at a high clip in the first quarter, especially in the Permian Basin. But a thinning list of potential takeout targets, and an invigorated Federal Trade Commission, are chilling the red-hot M&A market.

Mighty Midland Still Beckons Dealmakers

The Midland Basin is the center of U.S. oil drilling activity. But only those with the biggest balance sheets can afford to buy in the basin's core, following a historic consolidation trend.