In early June, former Secretary of State Rex Tillerson was asked if the recent Occidental Petroleum Corp. deal for Anadarko Petroleum Corp. suggested more E&P consolidation was on the horizon.

Tillerson effortlessly switched back to his CEO persona to deliver his Exxon Mobil Corp.-like answer.

“The landscape is always right for a deal,” he said on stage at the 2019 KPMG Global Energy Conference in Houston. “It’s just a question of, can the right terms be put together to satisfy the needs of both the buyer and seller?”

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