JP Morgan and RBC Capital Markets were the top mergers and acquisitions (M&A) financial advisers in oil & gas sector for Q1-Q3 2022 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 JP Morgan achieved the leading position by value by advising on $26 billion worth of deals. Meanwhile, RBC Capital Markets led by volume by advising on a total of 22 deals.

According to GlobalData’s report, ‘Global and Oil & Gas M&A Report Financial Adviser League Tables Q1-Q3 2022’, a total of 1,446 M&A deals worth $202.1 billion were announced in the sector during Q1-Q3 2022.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “RBC Capital Markets was the only firm that managed to advise on more than 20 deals during Q1-Q3 2022. It was also a strong contender for the top spot by value and missed it by a whisker.

“Both RBC Capital Markets and JP Morgan advised on six billion-dollar deals* each. However, JP Morgan managed to lead by value, while RBC Capital Markets fell short of just $193 million from occupying the top position and settled at the second position by this metric.”

Citi occupied the third position by value, by advising on $19.1 billion worth of deals, followed by Goldman Sachs, with $17.5 billion, and Jefferies, with $15.7 billion.

Meanwhile, Jefferies occupied the second position in terms of volume with 18 deals, followed by JP Morgan, with 14 deals, Evercore, with 14 deals, and Citi, with 13 deals.
Source: Global Data