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Reuters

Reuters

US oil, gas M&A nears 2023 record, focus shifts away from Permian, Rystad says

Reuters
Summary
Nutrition label

76% Informative

U.S. oil and gas producers' appetite for dealmaking is closing in on last year's record, analysts say.

Rising interest in smaller oilfields offsetting slower activity in the top oil-producing Permian basin.

Nearly $100 billion has been spent on M&A so far this year , and another $46 billion in assets are currently for sale.

VR Score

88

Informative language

97

Neutral language

3

Article tone

formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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