Buyer Behavior Cliff Notes As Devon & WPX Become One Frac Customer

The Devon / WPX deal continues the theme of Lower 48 E&P consolidation and creates the fourth largest unconventional oil producer in the US (only behind Oxy, Conoco and EOG).

In the sections below, we provide some customer behavior context for the Devon / WPX merger – viewing the big Merger Monday deal announcement from a service company perspective:

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