Oil & Gas

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KeyBanc Capital Markets® Oil and Gas team based in Houston has facilitated more than $1 billion in credit commitments in this sector. We begin by listening, then make recommendations regarding structuring debt, equity and M&A financial solutions that support business goals.

We serve companies in this sector from pre-IPO firms to major corporations. Every company benefits from the leadership of a senior investment banker specialized in the oil and gas industry, backed by a deep team of bankers and portfolio managers.

We work with oil and gas companies of all sizes and types, with specialties including exploration and production, oil field services and midstream activities. Our veteran teams have managed more than 45 IPOs with an aggregate transaction value over $9 billion for our oil and gas clients. We also provide fairness opinions and a range of transaction-related financial services.

We work with a variety of oil and gas clients on IPOs, M&A, debt and equity and other solutions detailed here PDF which include:

  • KeyBanc Capital Markets served as exclusive Sell-Side Advisor on Energy XXI Gulf Coast, Inc.’s $258 million divestiture of its Grand Isle Gathering system.
  • KeyBanc Capital Markets served as Joint Bookrunner on Eclipse Resources Corporation’s $550 million senior notes offering.
  • KeyBanc Capital Markets participated in three capital markets transactions for Gulfport Energy Corporation including as Co-Manager in a $432 million common equity offering, Co-Manager in a $454 million common equity offering and Senior Co-Manager in a $350 million senior notes offering.
  • KeyBanc Capital Markets served as Joint Lead Manager on Carrizo Oil & Gas Inc.’s $650 million senior notes offering.
  • KeyBanc Capital Markets served as Sole Placement Agent for a $440 million private placement of common equity for Eclipse Resources Corporation.

KeyBanc Capital Markets Oil and Gas teams specialize in servicing companies in the following segments:

  • Exploration and Production: We play leadership roles in a significant number of IPOs and M&A transactions in the E&P sector and frequently provide fairness opinions and other advisory services.
  • Oilfield Services: We provide M&A, restructuring and other advisory services for companies involved in oilfield infrastructure, equipment, intellectual property and other services.
  • Midstream Activity: For independent and vertically integrated companies that process, transport and market oil and natural gas products, we provide buy-side and sell-side M&A advisory.

KeyBanc Capital Markets provides a wide range of services for oil and gas clients, including:

  • Equity and high-yield debt
  • IPOs
  • M&A, both buy-side and sell-side advisory services
  • Senior secured credit
  • Commodity derivatives and hedging
  • Fairness opinions
  • Financial restructuring