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Houston is going to focus more on O&G while NYC will have other industries like agriculture. All Houston banks are sweaty as a warning. Deal flow across Houston banks varies because some focus more on corporate transactions while others focus more on A&D type transactions (asset carveouts from the publics or essentially asset deals when a public buys a private equity portco)...from my experience, Goldman has not had much deal flow in the latter, and chooses to focus on the former, but not a lot of corporate deals getting done in any industry right now. I wouldn't be shocked in Goldman is listed if/when the Exxon/Pioneer deal gets announced, but those don't happen very often. If you wanna do O&G in Houston, there are likely better shops in Houston to get more experience. But again, all will be sweaty. 

 

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