Evercore, RBC Capital Markets top M&A financial advisers by value, volume in oil and gas sector in Q1 2023 - GlobalData

Wed, Apr 26, 2023
By editor
3 MIN READ

Foreign

EVERCORE and RBC Capital Markets were the top mergers and acquisitions (M&A) financial advisers in the oil and gas sector for Q1 2023 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, a leading data and analytics company.

An analysis of GlobalData’s Financial Deals Database reveals that Evercore achieved the top position in terms of value by advising on $7.2 billion worth of deals. Meanwhile, RBC Capital Markets led in terms of volume by advising on a total of seven deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “RBC Capital Markets occupied the top position by volume as well as value in Q1 2022. However, although it managed to retain its leadership position by volume in Q1 2023 but lost the top position by value to Evercore. RBC Capital Markets witnessed decline in both deals volume and value but the impact was more prominent in terms of value.

“Meanwhile, Evercore registered a 25.8% growth in deal value in Q1 2023 compared to Q1 2022. Resultantly, it went ahead from occupying the seventh position by value in Q1 2022 to top the table by this metric in Q1 2023.”

RBC Capital Markets occupied the second position in terms of value, by advising on $6.8 billion worth of deals, followed by Citi  with $4.3 billion, Barclays with $3.9 billion and Bank of Nova Scotia with $3.7 billion.

Meanwhile, Barclays occupied the second position in terms of volume with five deals, followed by Jefferies with five deals, Evercore with four deals and JP Morgan with four deals.

Vinson & Elkins, Kirkland & Ellis top M&A legal advisers by value, volume in oil and gas sector in Q1 2023, reveals GlobalData

Vinson & Elkins and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the oil & gas sector in Q1 2023 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, a leading data and analytics company.

An analysis of GlobalData’s Financial Deals Database reveals that Vinson & Elkins achieved the top position in terms of value by advising on $8.5 billion worth of deals. Meanwhile, Kirkland & Ellis led in terms of volume by advising on a total of 13 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Kirkland & Ellis and Vinson & Elkins were the only advisers with double-digit deal volume in Q1 2023 and there was a close competition between these two firms for the top position by volume. Vinson & Elkins fell short of just one deal from occupying the top position by volume and settled for the second position by this metric with 12 deals.

“Similarly, Kirkland & Ellis, apart from leading by volume, also occupied the third position by value in Q1 2023.”

Cleary Gottlieb Steen & Hamilton occupied the second position in terms of value by advising on $5.8 billion worth of deals, followed by Kirkland & Ellis with $4.4 billion, Bracewell with $4 billion, and Akin Gump Strauss Hauer & Feld with $4 billion.

Meanwhile, Bracewell occupied the third position in terms of volume with five deals, CMS with five deals, and Sidley Austin with four deals.

A.

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