the most reputable mergers and acquisitions (M&A) financial advisory firms in the oil and natural gas sector in the first 3 quarters (Q1-Q3) of 2023, based on volume and value and volume, respectively, GlobalData report states.
The data was gathered from the most recent financial adviser league table from GlobalData that evaluates financial advisors based on the amount and value of M&A transactions they provided advice.
According to its Financial Deals Database, the top data and analytics business reports the fact that Morgan Stanley achieved the leading place in worth by providing advice about $53.7 billion of transactions. In addition, RBC Capital Markets led in terms of volume, providing advice on 29 transactions.
"Morgan Stanley is the sole consultant to reach $50 billion in deal value in Q1-Q3 2023. It was an enormous jump in the overall value of deals it advised in Q1-Q3 2023 as compared to the Q1-Q3 period of 2022."Of twelve deals endorsed to Morgan Stanley during Q1-Q3 2023 Eight of the deals were billion-dollar ones and the mega deal that was worth greater than 10 billion dollars. Participation in these mega transactions contributed to Morgan Stanley top the chart according to worth.
Alongside being the top value in terms of volume and volume, it was also in the sixth spot in terms of volume in the period between Q1 and Q3 2023.
"Similarly, RBC Capital Markets not only topped the list in volume, also held the fourth spot in worth, since it advised on a few major deals. RBC Capital Markets advised on 10-billion-dollar transactions during Q1 -Q3 2023 ."
A look at GlobalData's Financial Deals Database reveals that Goldman Sachs occupied the second place in terms of amount, advising $43.9 billion of transactions and was then Bank of America with $34.4 billion, RBC Capital Markets with $33.9 billion as well as Perella Weinberg Partners with $30.9 billion.