Tag archives: Oil & Gas

Uncertainty at the root of U.S./Canada oil market fluctuations

Photo of Troy Ungerman (Toronto)By Troy Ungerman (Toronto) on Posted in Energy
Investors are struggling to price market uncertainties, with widely fluctuating market prices in both the United States and Canada. West Texas Intermediate, a U.S. crude benchmark, slid 2.9% during the first week of September, following a jump of more than 7% in August and has remained turbulent ever since. Meanwhile, Canadian energy stocks have failed … Continue reading

Distressing prospects for distressed debt?

Photo of Troy Ungerman (Toronto)By Troy Ungerman (Toronto) on Posted in Corporate finance, Finance, M&A
According to a Debtwire report released this month, the North American distressed debt market will be characterized by continued volatility throughout 2017, with the oil & gas sector presenting the most attractive opportunity for investors. Financial services, industrials and real estate were also identified in the report as being ripe for investment in the coming … Continue reading

M&A in Canada: industry revenue and profits

Photo of Bruce SheinerBy Bruce Sheiner on Posted in Corporate finance, Finance, Infrastructure, mining and commodities, Pharmaceuticals and life sciences, Transport
Expanding growth in nearly all sectors Norton Rose Fulbright focuses its services on 6 key industry sectors and, according to a study released recently by the Globe and Mail on Canadian corporations, almost all of these sectors have seen an expansion in revenue and most have seen growth in profits during the period from 2011 to … Continue reading

M&A in Q1 2015: the results are in

Photo of Troy Ungerman (Toronto)By Troy Ungerman (Toronto) on Posted in Corporate finance, Energy, Infrastructure, mining and commodities, Pharmaceuticals and life sciences, Technology and innovation
The Mergermarket Group has published its Monthly M&A Insider – April 2015 report outlining trends and developments in M&A activity worldwide for the first quarter of 2015. In North America, M&A activity continued on the upward trend set in 2014. The first quarter saw 1,116 deals valued at US $338.8 billion, which was a 11% … Continue reading

Oilpatch volatility may generate deal-making opportunities

Photo of Jacob Cawker (Toronto)By Jacob Cawker (Toronto) on Posted in Corporate finance, Infrastructure, mining and commodities
According to some commentators, ongoing volatility in oil prices may result in increased M&A activity in the Canadian oilpatch. As recently reported in the Financial Post, John Chambers, CEO of Calgary-based investment boutique FirstEnergy Capital Corp., believes a revaluation of assets in the oil and gas sector may attract cross-border M&A activity from oil majors … Continue reading

Barrels of opportunity: M&A revival in oil and gas

Photo of Troy Ungerman (Toronto)By Troy Ungerman (Toronto) on Posted in Corporate finance, Infrastructure, mining and commodities
Globally, the oil and gas sector is seeing an uptick in M&A activity. This could point to a significant rebound for the deal market, despite looming uncertainty owing to recent volatility in commodity prices. According to a recent Deloitte Oil & Gas Mergers and Acquisitions Report, the value of global oil and gas deals increased … Continue reading

Navigating the new Investment Canada rules for state-owned enterprises

By nrfdigitalteam on Posted in Antitrust, competition and regulatory
On December 7, 2012, the Canadian government approved two proposed investments in Canadian energy companies by state-owned enterprises (SOEs) under the Investment Canada Act (ICA): the proposed acquisition by PETRONAS of Progress Energy Resources Corp. (Progress) and the proposed acquisition of Nexen Inc. (Nexen) by China National Offshore Oil Company (CNOOC). Norton Rose Canada represented … Continue reading
LexBlog