Ladies and gentlemen, the state of oil and gas M&A is pouty.

Ill trade winds and politics are ap­parently kicking up an inconvenient amount of worry for executives. Upstream activity turned dismal in the third quarter while the XOP index of energy companies ticked up 10% from Oct. 8 through Nov. 12.

However, the index is still down since the year began by 17%. Nevertheless, not all the news is bad, or even rational.

Already have an account? Log In

Thanks for reading Hart Energy.

Subscribe now to get unmatched coverage of the oil and gas industry’s entire landscape.

Get Access