U.S. upstream mergers hit $38B as M&A rebounds
May 18, 2026
(Oil Price) – Dealmaking in the U.S. shale patch jumped to a two-year high in the first quarter as M&A activity rebounded from a slump. U.S. upstream mergers hit $38 billion in Q1 2026, marking the highest quarterly total in two years despite a sharp slowdown in March due to a spike in volatility tied to the Middle East conflict. According
