10 May 2022
Posted in Business Fundamentals
RBC Capital Markets was the top M&A financial adviser in the oil & gas sector for Q1 2022, finds GlobalData
RBC Capital Markets has been named the top M&A financial adviser by both value and volume in the oil & gas sector in Q1 2022, according to the latest Financial Advisers League Table by GlobalData. The leading data and analytics company’s Financial Deals Database reveals that RBC Capital Markets achieved the top ranking by advising on seven M&A deals worth $11.9 billion.
According to GlobalData’s report, ‘Global and Oil & Gas M&A Report Financial Adviser League Tables Q1 2022’, a total of 377 M&A deals worth $58.5 billion were announced in the sector during Q1 2022.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “While all of the advisors reported single-digit deal volume during Q1 2022, RBC Capital Markets was the only adviser in terms of value that managed to surpass the $10 billion mark. Of the seven deals advised by the firm, two were billion-dollar deals* that also included one deal valued more than $5 billion.”
An analysis of GlobalData’s Financial Deals Database reveals other high rankers by value included Citi, with deals worth $9.4 billion; Bank of America, with $8.1 billion; Centerview Partners, with $8.1 billion; and Barclays, with $6.4 billion. By volume, JP Morgan occupied the second position, with five deals; followed by Citi, with four deals; Barclays, with four deals and Jefferies with four deals.
*Valued more than or equal to $1 billion.