Sequeira Energy Synopsis – November 2018 Newsletter

Followed by a tough October, November also proved to be challenging for the energy industry – not just within Canada, but globally too. Certainly, Canada is dealing with its own challenges right now; however, WTI prices were down 22.0% month-over-month to the end of November whereas Canadian oilfield service equities were only down 9.4% over that same period. While it …

Sequeira Energy Synopsis – October 2018 Newsletter

October was a tough month for North American equities as we saw the TSX composite index drop 6.5% and the S&P 500 experienced its worst month since September 2011. Canadian oilfield service equities were hit especially hard this month as our Sequeira OFS Index was down 9.6% month-over-month and down 14.4% year-over-year to the end of October. Contributing to the …

What’s the Deal? Q3 2018 – Industrials & Diversified Services Quarterly Review

Q3 2018 was another strong quarter for mid-market transactions. Within the industrial, diversified, and oilfield services segments, Q3 saw 108 disclosed transactions where either the target company or the buyer were Canadian. Of the 108 transactions, 93% were in the Industrial & Diversified sector, 7% were in the Oilfield Services Sector. There were 24 transactions in the Industrial & Diversified …

Tips for tapping into Western Canada’s red-hot M&A deal flow

Frothy valuations in public equity markets are turning more investors to private markets for returns, and there are lots of opportunities to be had, if you know where to look. According to Export Development Canada, small and medium-sized enterprises (SMEs, or businesses with under $50 million in annual revenue) make up about 98% of Canada’s businesses and account for 30% of …