Goldman Sachs and Evercore led the oil and gas mergers and acquisitions (M&A) advisory rankings in the first quarter of Q1 2026 (Q1 2026), according to GlobalData’s latest league tables.

Goldman Sachs topped the table by deal value, while Evercore led in terms of deal volume.

According to GlobalData’s Financial Deals Database, Goldman Sachs advised on deals totalling $64.7bn.

Evercore narrowly missed the top spot in deal value, taking second with transactions totalling $64.4bn.

JPMorgan secured the third spot by value, advising on $58.5bn of deals.

Barclays followed with $7.9bn, and Morgan Stanley with $6.9bn.

Meanwhile, in terms of deal volume, Evercore led by advising on four transactions.

Houlihan Lokey matched Evercore, also advising on four deals.

Goldman Sachs ranked third, Barclays fourth and Jefferies fifth, each managing three deals.

GlobalData lead analyst Aurojyoti Bose said: “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 [YoY] 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 second position with $64.4bn 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 YoY jump in the total value of deals advised by it, primarily driven by its involvement in the $58bn Coterra Energy-Devon Energy merger deal.”

GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available in 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 of the data, the company also seeks submissions of deals from leading advisers.