RBC Capital Markets was the top mergers and acquisitions (M&A) financial adviser in the oil & gas sector during the first three quarters (Q1-Q3) of 2025 by both value and volume, 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 RBC Capital Markets achieved the leading position having advised on 16 deals worth $32.7 billion.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “RBC Capital Markets recorded year-on-year (YoY) improvement in deal volume but decline in deal value during Q1-Q3 2025. Despite this, it rose to the top position in both categories, up from third by volume and seventh by value in Q1-Q3 2024. Notably, seven of the top 10 advisers by value saw a YoY decline in total deal value during the same period.”

Goldman Sachs occupied the second position in terms of value, by advising on $25.2 billion worth of deals, followed by BMO Capital Markets with $24.7 billion, Bank of America with $22.8 billion and Jefferies with $22.8 billion.

Meanwhile, Evercore occupied the second position in terms of volume with 11 deals, followed by JP Morgan with 10 deals, Moelis & Company with nine deals and Piper Sandler with nine deals.