Canadian Oil & Gas 2017 Outlook
09 March 2017
Market observers predict an increase for M&A in Canada’s oil & gas sector for 2017. Key drivers for sector activity include the search for new technologies to reduce costs and emissions as well as ongoing interest from E&P and private equity firms.
In order to examine the upcoming trends and opportunities within the Canadian oil & gas sector, Torys LLP commissioned Mergermarket to interview senior Canadian corporate executives and investment bankers for their insights.
Key findings from this report include:
- More than half of respondents (54%) believe combined M&A value will also increase over the next 12 months.
- 52% expect senior E&P companies to be the most active buyer group.
- A majority of respondents (79%) identify the search for new technologies to create cost savings as a key driver of future M&A in the sector.
- Dealmaking between Canada and the US remains a top priority, with 73% of respondents confirming this view.
Join Torys at the annual Mergermarket Energy Forum for more energy sector insights. Full details here.