Sequeira Energy Synopsis – April 2019 Newsletter

Despite increases in commodity prices and the broader equity markets, our Sequeira OFS index finished April mostly unchanged, declining 0.1% month over month. Performance across industry subsectors was mostly flat though there were some bright spots, as many companies reported Q1 results which generally exceeded analyst expectations. In particular, the Camps & Catering subsector saw price appreciation in the month, …

What’s the Deal? Q1 2019 – Industrials & Diversified Services Quarterly Review

Q1 2019 was a strong quarter for mid-market transactions in Western Canada as BC led the way with 20 closed transactions. Within the industrial, diversified, and oilfield services segments, Q1 saw 126 disclosed transactions where either the target company or the buyer were Canadian (40% increase over Q1 2018). Of the 126 transactions, manufacturing (28 transactions), insurance (19 transactions), and …

Be prepared to sell your business – even when it’s not for sale

By Julie Afanasiff, From Business in Vancouver Magazine, March7, 2019 My clients often ask, “When should I start thinking about selling my business?” Business owners tend to assume there will come a time in the business life cycle when succession planning starts to feel right – which is why my answer can catch them a little off guard. “Right now” …

Sequeira Energy Synopsis – January 2019 Newsletter

Following a rough December for Canada’s oil and gas industry, January brought reasons for cautious optimism. WTI prices were up 18% on the month while WCS prices soared by 49%, driven by continued production cuts and a global shortage of heavy oil. Pricing gains were also reflected in the market, as Canadian OFS equities were up nearly 15% compared to …