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The last two years have seen record low levels of mergers and acquisitions activity in the oil and gas sector in the United States. There are other signs of lassitude in the field: a record low volume of PE deals (more of that in a moment), and only six initial public offerings in the whole of 2018: five of them in the first quarter, then nearly a flat line the rest of the year.
A recent report by BDO and Pitchbook looks into the reasons for the inactivity and asks whether it will last, or