Energy

MPA’s energy practice provides independent M&A advisory, transaction support, and valuation services to companies across the conventional energy sector. Our team brings deep sector knowledge and hands-on deal experience spanning upstream oil and gas, midstream infrastructure, pipelines, refining, and energy services, advising clients across Canada and internationally.

The practice is led by Drew Ross, a Calgary-based investment banker with more than 30 years of experience advising energy companies on transactions, valuations, and strategic decisions. Our team works directly with boards, management teams, and special committees navigating complex situations, from M&A processes to fairness opinions and restructurings.

Why Choose MPA?

Deep connectivity across the Canadian energy industry, from junior producers to large integrated companies and international players, with senior leadership based in Calgary at the heart of the sector
Independent from Canada’s major financial institutions, providing unconflicted advice aligned solely with our clients’ interests
Senior banker involvement on every mandate, with direct access to decision-makers across the energy sector
Proven experience advising on distressed situations, CCAA proceedings, and financially complex transactions where independent judgment matters most

Who We Work With

We advise a range of clients across the conventional energy sector:

Upstream oil and gas producers including junior, intermediate, and senior companies
Midstream and pipeline companies
Oil and gas services and equipment businesses
Refining and processing companies
Private equity and financial sponsors with energy-focused mandates
Boards and special committees requiring independent fairness opinions or valuations

Our Approach

Assessment and Strategy: Understanding your asset base, business objectives, and market positioning within the Canadian energy landscape
Preparation and Structuring: Reserve-based and asset-level financial modeling, transaction readiness, and materials development
Market Engagement: Targeted outreach to strategic and financial buyers, including cross-border and international parties
Execution and Closing: Negotiation support, board and regulatory process management, and closing guidance

Canadian Energy Sector Landscape

Consolidation Among Producers: Capital discipline and the push for scale continue to drive M&A activity among mid-cap and junior upstream producers across Western Canada
Midstream Rationalization: Infrastructure owners are streamlining portfolios, creating advisory opportunities around divestitures, partnerships, and joint ventures
Distressed and CCAA Situations: Commodity price volatility continues to generate restructuring and insolvency mandates across the upstream and services sectors
Cross-Border Buyer Interest: U.S. and international acquirers remain active in the Canadian upstream and midstream market, increasing demand for advisors with local expertise and cross-border reach