Oil and Gas Demand Commodities Economics Energy by Matt - August 30, 2017July 10, 20180 Here is a post focused on what influences energy demand - namely oil. This macro understanding is key for speaking to why the oil price is where it is as well as to inform an educated forecast - a common question in interviews for sales & trading, oil & gas
Global M&A Roundup Aug 25, 2017 – Maersk Ollie og Gas, WeWork Management, Oldcastle Distribution Energy Europe Industrials Investment Banking Mergers & Acquisitions Real Estate USA by Sara - August 28, 20170 Our previous Canadian Mergers & Acquisitions roundups can be found here. Our previous global M&A roundups can be found here. Target: Mærsk Olie og Gas A/S Industry: Energy Acquirer: TOTAL S.A. (ENXTPA:FP) Target: Mærsk Olie og Gas A/S Size: $7.4 billion Consideration: 100% Equity Source of Funds: Common Stock Sell Side
Purchasing a Company via Cash or Stock Corporate Finance Equities Mergers & Acquisitions by Matt - August 28, 2017February 21, 20180 In all our weekly M&A reports we cite the most important figure – the consideration. We have put together a quick summary to clarify the thinking around how acquirers structure the purchase and what the ramifications are for the acquirer (buyer) and the target (seller). This is useful as general corporate
Canadian M&A Roundup Aug 25, 2017 – Asian Aviation Centre of Excellence Canada Industrials Investment Banking Mergers & Acquisitions by Sara - August 27, 2017March 19, 20180 Our previous global Mergers & Acquisitions roundups can be found here. Our previous Canadian M&A roundups can be found here. Target: Asian Aviation Centre of Excellence from AirAsia Berhad (KLSE:AIRASIA) Industry: Airlines Acquirer: CAE Inc (TSX: CAE) Target: Asian Aviation Centre of Excellence from AirAsia Berhad (KLSE:AIRASIA) Size: USD $100 million Consideration:
Weekly Movers Aug 25, 2017 – Aecon Group, Capstone Mining, Hudson’s Bay, First Quantum, Copper Mountain Canada Consumer & Retail Healthcare Industrials Metals & Mining Sales & Trading by Karl - August 26, 2017September 18, 20170 Top Gainers Aecon Group Inc (TSX:ARE, Chg:19.3%) Industry: Industrials On Friday morning, Bloomberg broke the news that ARE has hired advisers to explore a sale. The stock jumped from $14.33 to $15.32 within 2 minutes and was subsequently halted by IIROC on unusual increase in trading volume. At the request of IIROC, ARE
Oil and Gas Reserves and Resources Commodities Exploration & Production by Matt - August 24, 2017July 25, 20200 Oil reserves represent current and future value that can be quantified and compared among companies. However, while the absolute quantity of oil or oil equivalent tells a story, the more important figure is the Net Present Value (NPV) of the oil (which must be sensitized to different assumed long-term oil prices)
Global M&A Roundup Aug 18, 2017 – Songa Offshore, Western Refining Logistics Energy Investment Banking Mergers & Acquisitions USA by Sara - August 23, 20170 Our previous Canadian Mergers & Acquisitions roundups can be found here. Our previous global M&A roundups can be found here. Target: Songa Offshore SE (OB:SONG) Industry: Energy Acquirer: Transocean Target: Songa Offshore SE Size: NOK $22.51 billion Consideration: 50% Equity, 50% Hybrid Source of Funds: Equity, Convertible Debt, Cash Sell Side
Interview with: Foreign Exchange Trader Canada Currencies Interview Series Sales & Trading by Karl - August 22, 2017February 19, 20180 This interview was conducted with a FX trader at a major bank. How are FX desks set up? I work in Canada, so we have bookrunners for each geographical region for currencies – usually someone who deals with USDCAD – mostly flow business but the biggest book by far. There will be a
Canadian M&A Roundup Aug 18, 2017 – Calpine, Opus International Consultants, Calumet Superior Canada Energy Industrials Investment Banking Mergers & Acquisitions Power & Utilities by Sara - August 21, 20170 Our previous global Mergers & Acquisitions roundups can be found here. Our previous Canadian M&A roundups can be found here. Target: Calpine Corporation (NYSE:CPN) Industry: Power & Utilities Acquirer: CPPIB, Access Industries, Inc., Energy Capital Partners Target: Calpine Corporation Size: $17.4 billion Consideration: 100% Cash Source of Funds: Cash Sell Side
Weekly Movers Aug 18, 2017 – Westport, Hudbay, Trevali, Premium Brands, Kirkland Lake Basic Materials Canada Metals & Mining Sales & Trading by Karl - August 20, 2017September 18, 20170 Top Gainers Westport Fuel Systems Inc (TSX:WPRT, Chg:24.2%) WPRT posted a solid quarter validating that the operation is improving and the merger with Fuel System Solutions was the right strategic move. WPRT is ahead of schedule in realizing cost and operational synergies from the acquisition. Management is guiding positive adjusted EBITDA in