Goldman Sachs and Evercore were the top mergers and acquisitions (M&A) financial advisers in the oil & gas sector during the first quarter (Q1) of 2026 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, a leading intelligence and productivity platform.

An analysis of GlobalData’s Financial Deals Database reveals that Goldman Sachs achieved the leading position in terms of value by advising on $64.7 billion worth of deals. Meanwhile, Evercore led in terms of volume by advising on a total of four deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Evercore was the top adviser by volume in Q1 2025 and retained its leadership position by this metric in Q1 2026 as well even though there was a year-on-year drop in the total number of deals advised by it. Apart from leading by volume, it also gave close competition for the top spot by value. Evercore missed the top position in terms of value by a whisker and settled for the second position with $64.4 billion in total deal value.

“Meanwhile, Goldman Sachs’ ranking by value jumped from ninth position in Q1 2025 to the top position in Q1 2026 as there was a massive year-on-year jump in the total value of deals advised by it primarily driven by its involvement in $58 billion Coterra Energy–Devon Energy merger deal.”

JPMorgan occupied the third position in terms of value, by advising on $58.5 billion worth of deals, followed by Barclays with $7.9 billion and Morgan Stanley with $6.9 billion.

Meanwhile, Houlihan Lokey occupied the second position in terms of volume with four deals, followed by Goldman Sachs with three deals, Barclays with three deals and Jefferies with three deals.