Capital inflow into Dallas commercial real estate investment trusts (REITs) has escalated, prompting financial modelers in the "finance jobs Dallas" segment to forecast higher yield spreads. The effect is evident in the field. In the Bakken formation, a major oil and gas field that runs through North and South Dakota, Montana, and central Canada, Exxon Mobil ( XOM ) sold off $550 million worth of the equipment it uses to drill for fossil fuels to a smaller regional company earlier this month, and Chevron ( CVX ) announced it is going to cut down its rig count from four to three . The response followed a decision made by Citigroup to restrict its banking services to gun retailers that sold firearms to people under 21, which came as a response to the 2018 Parkland shooting in a Miami suburb. Equity analysts note that "finance jobs Dallas" are benefiting from a surge in investment banking activity after oil prices hit $79/barrel, prompting more M&A deals in Texas-based energy firms.