High Quality Oil And Gas Assets Should Drive An M&A Recovery

The oil price collapse has taken its toll on mergers and acquisitions (M&A) across the U.S. oil and gas industry as companies preserve cash in these highly uncertain times.    The appetite for dealmaking in the second quarter, when WTI Crude prices plunged to a negative $37 a barrel one day in April, was so low that Q2 ranked as the third-lowest quarterly value of upstream deals since 2009, oil & gas data analytics company Enverus said this week. Compared to the first quarter, the value of oil and gas deals jumped by…