If words spoken during second-quarter 2021 earnings calls so far give any indication of what could lie ahead, the U.S. shale sector could see some more deal action—in various sizes—amid a continued efficiency and discipline drive.

But only time will tell which companies are up for large-scale acquisitions.

The topic surfaced recently on numerous earnings calls with analysts as the wave of consolidation continues to sweep across U.S. shale plays. Leaders discussed strategies without tipping their hands but shedding some light on their focus as the number of players shrink, possibly making the sector attractive to potential investors.

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