M&A in the U.S. oil and gas exploration and production industry was hot in 2018, hitting its highest total in four years at $84.3 billion, according to Drillinginfo. Eight of the year’s top 10 deals were in the second half. But thanks to sliding oil prices, fourth-quarter deal value came in at $20.9 billion, a bit off from its third quarter 2018 high . . .
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