Oil, Gas Patch Deals on Track for Slowest Year Since 2009

The transcript discusses the merger between GE and Baker Hughes, highlighting the slow pace of deals in the oil and gas sector despite the need for capital. It explores market dynamics, including the impact of oil price stabilization and the reluctance of major companies to acquire assets. The discussion also covers international market trends and the potential for future mergers and acquisitions, emphasizing the need to break the current logjam in the industry.

Why might companies be hesitant to acquire frackers in North America?

What is the significance of the GE deal in the context of future mergers and acquisitions in the industry?