Evercore Leads Q1 Oil & Gas M&A Volume with $64.4bn in Deals
EVR•Evercore led oil and gas M&A deal volume in Q1 2026 with four transactions and secured $64.4bn in advisory value, narrowly trailing Goldman Sachs by $0.3bn. The firm retained its volume leadership for a second quarter despite a year-on-year drop in deals advised.
1. Q1 M&A Advisory Rankings Overview
Goldman Sachs topped Q1 2026 oil and gas M&A by deal value at $64.7bn, while Evercore ranked a close second at $64.4bn and led in deal volume with four transactions, tying Houlihan Lokey.
2. Evercore's Q1 Performance Details
Evercore maintained its leadership in deal volume for the second consecutive quarter despite advising on fewer transactions year-on-year, and fell just $0.3bn short of the top value ranking.
3. Market Context and Competitive Trends
Goldman Sachs jumped from ninth to first in value, driven by involvement in the $58bn Coterra Energy-Devon Energy merger, highlighting a competitive surge that Evercore nearly matched.
