Biden Has Kickstarted A Consolidation Wave In The U.S. Shale Patch

Consolidation is a troubled industry's best friend—and last year's crisis in oil and gas brought about by the pandemic was no exception. Mergers and acquisitions started later than they normally do in an industry downturn, but we saw some sizeable deals nevertheless. Now, the M&A trend is set to continue, according to the latest reports.

First, energy data analytics firm Enverus this week released its regular M&A report for the first half of the year, saying that despite a slow start to the year, dealmaking gathered pace in the second…