The highest value transaction to date, and making up the bulk of the total transaction value in the second quarter of 2023, is ConocoPhillips’ pending acquisition of the remaining 50 per cent interest in the Surmont oilsands project held by TotalEnergies EP Canada Ltd. for a cash payment of approximately $4.0 billion on closing and additional contingent payments of up to $440.0 million.
June 28, 2023, 6 AM MDT
The amount of Canadian oil and natural gas assets publicly available for sale is down roughly 69 per cent from this time last year.
November 30, 2022, 6:42 AM MST
Over the last year we have seen a number oil and natural gas companies, both privately-held and publicly-traded, enter into more unconventional debt structures which provide the capital required for the acquisition of oil and natural gas assets and companies.
June 29, 2022, 6 AM MDT
The total enterprise value of merger and acquisition (“M&A”) transactions in the Canadian oil and natural gas industry, dropped 9 per cent in 2021 to $18.1 billion from $19.9 billion 2020.
March 30, 2022, 8:30 AM MDT
The amount of Canadian oil and natural gas assets publicly available for sale is up roughly 60 per cent from this time last year. Currently, there is approximately $1.6 billion in Canadian oil and natural gas properties and companies up for sale.
November 24, 2021, 6 AM MST
A trend that we have witnessed during the recent wave of consolidation in the Canadian oil and natural gas industry is a significant number of privately-held oil and natural gas companies achieving liquidity by selling to publicly-traded companies for shares.
June 30, 2021, 6:57 AM MDT
In an April 2020 article written by Sayer Energy Advisors the question was posed: “Will We See an Increase in Consolidation in 2020?” Although it would have been impossible to know the full implications of the COVID-19 pandemic, our predictions at that time did take into consideration the fact that there would be some consolidation spurred on by the pandemic.
April 28, 2021, 6 AM MDT
The total amount of capital raised in the Canadian oil and natural gas industry in 2020 more than doubled from the previous year. In 2020, there was a total of $10.9 billion in capital raised, compared to $5.4 billion in 2019.
February 24, 2021, 8:19 AM MST
The amount of Canadian oil and natural gas assets publicly available for sale is down roughly 75 per cent from this time last year.
November 25, 2020, 6:44 AM MST
In an article penned by Sayer Energy Advisors in April of 2018 we posed the question; “Will Increased Strategic Alternatives Processes Kick-Start Consolidation?”.
April 29, 2020, 7:20 AM MDT
Sayer Energy Advisors’ annual outlook and forecast of forthcoming mergers and acquisitions (“M&A”) activity in the oil and natural gas industry will outline our predictions for 2020.
January 29, 2020, 6 AM MST
There has been a recent wave of announcements made by publicly-traded oil and natural gas companies related to share buy-backs. This is unusual, in that until recently, buying back stock has not been a significant use of capital in the Canadian energy industry.
September 25, 2019, 9:53 AM MDT
A total of $2.7 billion in capital was raised by the Canadian oil and natural gas industry in the first six months of 2019, down 18 per cent from the $3.3 billion recorded over the same time period in 2018.
July 31, 2019, 6 AM MDT
The total enterprise value of merger and acquisition (“M&A”) transactions in the Canadian oil and natural gas industry in 2018 dropped 73 per cent year-over-year, plummeting to $11.9 billion.
March 27, 2019, 6 AM MDT
There has recently been an increase in the number of large corporate transactions (valued at greater than $5.0 million) in the Canadian oil and natural gas industry.
September 26, 2018, 7:53 AM MDT