Canadian has seen a significant jump in M&A activity
Canadian producers riding another M&A wave
Low debts levels and the advantages of larger companies among the reasons for the rise in activity
The Canadian oil patch has seen a significant jump in M&A activity this year, nearing levels seen during the Covid pandemic, but for very different reasons. And assuming relatively strong oil, gas and equity prices continue, activity is expected to remain at heightened levels for the foreseeable future, although deals involving unconventional resource plays should gain precedence over the oil sands. “A number of factors have been driving the recent uptick in M&A activity in the Canadian oil patch,” Scott Barron, head of Calgary investment banking for TD Securities, told Petroleum Economist. “Higher oil and gas prices have been positive for revenues and cash flow, contributing to extr
Also in this section
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
