GlobalData, a leading data and analytics company, has revealed its league tables for top 10 financial advisers by value and volume in global oil & gas sector for 2020 in its report, ‘Global and Oil & Gas M&A Review & Financial Adviser League tables’.
According to GlobalData’s M&A report, a total 1,680 M&A deals were announced in the sector during 2020, marking a 15.5% decrease over the 1,987 deals announced in 2019. The deal value decreased by 33% from $412bn in 2019 to $276bn in 2020.
Top Advisers by Value and Volume
Morgan Stanley and Evercore were the top mergers and acquisitions (M&A) financial advisers in the global oil and gas sector for 2020 by value and volume, respectively. Morgan Stanley advised on 18 deals worth US$82.9bn, which was the highest value among all the advisers. Meanwhile, Evercore led in volume terms having advised on 19 deals worth US$32.9bn.
GlobalData lead analyst Aurojyoti Bose said: “While there was close competition for the top position by volume, with Evercore topping the chart with 19 deals very closely followed by Morgan Stanley, which occupied the second position with 18 deals, there was a wide gap in value between these two firms.
“Morgan Stanley secured top position in terms of value, however, Evercore had to settle for eighth position. Morgan Stanley managed to advise nine billion-dollar deals worth greater than or equal to $1bn including two mega deals (deal valued more than or equal to $10bn), which helped it to top the list by value. Evercore, on the other hand, advised on five billion-dollar deals, including one mega deal.”
Goldman Sachs occupied the second position in GlobalData’s ranking of financial advisers for M&As in the global oil and gas sector by value with 16 deals worth $75.4bn, followed by JP Morgan with 15 deals worth $65.9bn and Credit Suisse with eight deals worth $57.9bn.
Goldman Sachs also occupied the third position by volume, followed by Barclays with 16 deals worth $39.4bn.
GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available on the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names.
To ensure further robustness to the data, the company also seeks submissions from leading advisers, through adviser submission forms on GlobalData’s website.