2014-2019 U.S. Energy M&A League Table

Hi all,

I have been interested in energy for a while now but have not been able to dig up a consensus on deal flow and relative strength of the different banks. Took a brief dive into my school Bloomberg and below is what I found. Focused on purely M&A as capital markets are currently in a slump. Feel free to fact check this post as these numbers are public information. All of the rankings I have seen around this forum came across as very subjective so wanted to share a more objective approach in case anyone else was interested as I personally found this very helpful. This is meant to be an informative post and I am hoping to hear what other people think about the energy industry and outlook on banking deal flow going forward.

07/28/2014 - 07/28/2019 U.S. Energy M&A League Table Advisor | Rank | Market Share (%) | Total Deal Value (M) | Average Deal Value (M) | Deal Count Citi | 1 | 38.6188 | 538,647.32 | 4,603.82 | 117 Barclays | 2 | 37.3133 | 520,466.28 | 4,910.06 | 106 Goldman Sachs | 3 | 25.6984 | 358,454.59 | 3,144.34 | 114 Evercore Inc | 4 | 19.6177 | 273,638.40 | 1,503.51 | 182 JP Morgan | 5 | 18.7659 | 261,756.32 | 2,698.52 | 97 Jefferies | 6 | 16.9017 | 235,753.36 | 1,932.40 | 122 Bank of America Merrill Lynch | 7 | 13.5022 | 188,335.63 | 2,729.50 | 69 Morgan Stanley | 8 | 13.1666 | 183,655.23 | 2,586.69 | 71 Credit Suisse | 9 | 9.9601 | 138,655.23 | 2,137.36 | 65 RBC Capital Markets | 10 | 7.8584 | 138,928.64 | 936.86 | 117

07/28/2018 - 07/28/2019 U.S. Energy M&A League Table Advisor | Rank | Market Share (%) | Total Deal Value (M) | Average Deal Value (M) | Deal Count Citi | 1 | 51.8828 | 185,693.29 | 5,990.11 | 31 Goldman Sachs | 2 | 35.9875 | 128,802.68 | 3,788.31 | 34 Barclays | 3 | 33.2452 | 118,987.48 | 4,406.94 | 27 JP Morgan | 4 | 28.7566 | 102,922.42 | 3,549.05 | 29 Evercore Inc | 5 | 27.5220 | 98,503.79 | 3,078.24 | 32 Jefferies | 6 | 26.0747 | 93,323.57 | 3,332.98 | 28 Bank of America Merrill Lynch | 7 | 25.0514 | 89,661.43 | 5,274.20 | 17 Lazard Ltd | 8 | 8.9319 | 31,967.96 | 1,880.47 | 17 Credit Suisse | 9 | 7.5016 | 26,848.87 | 1,917.78 | 14 Tudor Pickering Holt & Co LLC | 10 | 6.7952 | 24,320.55 | 1,737.18 | 14

It looks like Citi and Barclays are still the top dogs in Houston while historically strong names like Credit Suisse and TPH are now on the decline, allowing Evercore and Jefferies to capture market share. Thoughts? Is it still better to start out at a BB?