Deep industry expertise allows us to bring valuable content and actionable ideas to our clients. We’re ready to help guide your business toward its strategic goals through customized financial solutions.
Expertise
KeyBanc Capital Markets® (KBCM) Oil & Gas practice is an industry leader, offering a full range of corporate and investment banking services to help our clients in the Exploration & Production sector meet their goals. In 2022, KBCM continued to actively support our clients by adding more than $500 million of new commitments to our loan portfolio and achieving our second consecutive record year of financial results.
Together with the broader KeyBanc Capital Markets platform, our capabilities include corporate lending, debt and equity capital markets, M&A/A&D advisory, private placement advisory, commodity hedging derivatives and equity research, among others. Our oil & gas corporate lending commitments total approximately $3.9 billion across more than 60 clients, and since 2018, we have participated in over 70 equity and debt offerings raising gross proceeds totaling over $31 billion.
The Oil & Gas team’s senior investment bankers provide deep domain expertise, bringing an average of 20+ years of corporate finance and energy industry experience. Backed by a vast network of corporate finance professionals, product specialists and portfolio managers, we form a highly integrated team that seamlessly delivers broad capabilities to your company. Our team, along with the rest of KeyBanc Capital Markets, prides itself on our genuine, relationship-focused approach and our ability to deliver unique, thought-provoking ideas along with superior execution.
Recent Transaction
A recent highlight was KBCM’s role in the largest disclosed Gulf of Mexico upstream transaction since 2019. Closed in February 2023, KBCM served as buy-side advisor to Talos Energy (“Talos”) (NYSE: TALO) in its $1.1 billion acquisition of EnVen Energy Corporation, a private deepwater U.S. Gulf of Mexico producer principally owned by private equity sponsor Bain Capital. The strategic transaction expanded Talos's Gulf of Mexico operations with high margin, oil-weighted assets, was accretive to Talos shareholders on 2023E free cash flow per share and was de-leveraging. KeyBanc Capital Markets was selected as a buy-side advisor because of its deep relationships and extensive experience in the Gulf of Mexico.
Capabilities
Our services cover the breadth of investment banking and financial advisory services all with the backing of one of the largest U.S. commercial banks.
Our capabilities include:
- Mergers & Acquisitions
- Financial Advisory
- Debt Capital Markets
- Equity Capital Markets
- Acquisition Financing
- Reserve-based Lending
- Private Placements
- Asset-Backed Securities
- Commodity, Interest Rate, and Currency Hedging
- Commercial Payments and Treasury Management
