Peace River Oil Partnership Valuation, Funding & Investors

Peace River Oil Partnership is valued at $1.8B as of May 2010.

Last Peace River Oil Partnership valuation

$1.8B

Strategic investment · May 2010

Last Peace River Oil Partnership funding round

$813M

Strategic investment · May 2010

Cumulative funding Peace River Oil Partnership raised

$813M

across 1 funding round

Key investors in Peace River Oil Partnership

  • China Investment Corporation

Peace River Oil Partnership Overview

About Peace River Oil Partnership

Peace River Oil Partnership is a joint venture formed by China Investment Corporation and Penn West to develop bitumen resources in northern Alberta. The venture held and developed oil-sands properties in the Peace River area, with its economic value tied to future production, reserve development, operating efficiency, and commodity prices. The company serves customers and counterparties through the operating assets, products, or financial capabilities described in the cited transaction materials. Its economics are driven by product sales, while its competitive position depends on sector expertise, asset quality, customer relationships, and disciplined capital allocation. The company is classified in Oil & Gas because those categories best represent its principal activity at the transaction date. This profile is intended to identify the legal or operating business involved in the deal, including a historical name where the company was later renamed, merged, privatized, or reorganized.


Founded

2010

HQ

CanadaCalgary

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$1.8B (May 2010)

Sectors

Peace River Oil Partnership Valuation

Peace River Oil Partnership is currently valued at $1.8B, based on its strategic investment round in May 2010. Read the announcement ↗

The $813M round included China Investment Corporation.

Peace River Oil Partnership valuation by funding round

Peace River Oil Partnership valuation by funding round
DateStageValuation
May 2010Strategic investment$1.8B

Peace River Oil Partnership Funding History

Peace River Oil Partnership has raised a total of $813M across 1 funding round.

Peace River Oil Partnership funding rounds

Peace River Oil Partnership funding rounds
DateStageInvestorsRaisedValuationDeal Summary
May 2010Strategic investmentChina Investment Corporation$813M$1.8BCIC acquired a 45% interest in a newly formed partnership holding Penn West bitumen assets in the Peace River area of northern Alberta. The disclosed ownership position was 45%. The transaction materials disclosed CAD 817 million as capital raised or CIC-attributed investment. The target operates in Oil & Gas, serving B2B customers through Product sales economics. CIC participated as a long-term institutional investor, and the transaction expanded its direct exposure to the target's operating sector and geography. The company profile reflects the business at the transaction date, including a historical identity where later reorganizations changed the name or ownership structure. Ordinary listed-market portfolio accumulation, debt instruments without immediate ownership, fund commitments, and property assets without an operating-company target are excluded from this research set.

Who has invested in Peace River Oil Partnership?

1 investor has backed Peace River Oil Partnership across its funding rounds, including China Investment Corporation.


Peace River Oil Partnership Investors

Investors in Peace River Oil Partnership by funding rounds participated
InvestorHQRoundsRoleFirst check

This data is available for Pro users. Sign up to see all 1 Peace River Oil Partnership investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Peace River Oil Partnership Competitors

Peace River Oil Partnership competitors include listed companies like Oil Refineries, World Kinect, Innovex International and Genesis Energy New Zealand, and private ones like Yantai Wanhua Petrochemical and Rover Pipeline.

Public and private companies comparable to Peace River Oil Partnership
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Oil RefineriesIsraelIsraelPublicly listed$5.8B$356M$1.8B-
World KinectUnited StatesUnited StatesPublicly listed$37B($541M)$1.8B0.0x
Innovex InternationalUnited StatesUnited StatesPublicly listed$978M$204M$1.8B1.6x
Genesis Energy New ZealandNew ZealandNew ZealandPublicly listed$1.6B$204M$1.8B1.3x
Yantai Wanhua PetrochemicalChinaChinaPrivate--$2.6B-
Rover PipelineUnited StatesDallasPrivate--$3.1B-

Peace River Oil Partnership Public Comps

Peace River Oil Partnership is still privately-owned, but its public comps include Oil Refineries, World Kinect, Innovex International, Genesis Energy New Zealand, NGL Energy Partners, Alpha Metallurgical, Aker Solutions, Isramco Negev 2, Bangchak Corporation and BKV Corporation.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Oil Refineries$5.8B$356M0.4x-6.8x-
World Kinect$37B($541M)0.1x0.0x(4.3x)5.3x
Innovex International$978M$204M1.7x1.6x8.1x8.2x
Genesis Energy New Zealand$1.6B$204M1.5x1.3x11.3x7.7x
NGL Energy Partners$3.2B$336M1.9x1.6x17.8x8.4x
Alpha Metallurgical$2.1B$80M0.7x0.7x19.4x11.2x
Aker Solutions$6.7B$507M0.3x0.3x3.3x3.3x
Isramco Negev 2$514M$226M4.1x-9.3x-

This data is available for Pro users. Sign up to see all Peace River Oil Partnership competitors and their valuation data.

Start Free Trial

Common questions about Peace River Oil Partnership

When was Peace River Oil Partnership founded?Peace River Oil Partnership was founded in 2010.
Where is Peace River Oil Partnership headquartered?Peace River Oil Partnership is headquartered in Calgary, Canada.
Is Peace River Oil Partnership publicly listed?No, Peace River Oil Partnership is a private, VC-backed company.
What is Peace River Oil Partnership's valuation?Peace River Oil Partnership was last valued at $1.8B in its strategic investment round in May 2010.
How much funding has Peace River Oil Partnership raised?Peace River Oil Partnership has raised $813M across 1 funding round.
What was Peace River Oil Partnership's last funding round?Peace River Oil Partnership's last funding round was a $813M strategic investment round in May 2010.
Who are Peace River Oil Partnership's investors?Peace River Oil Partnership's investors include China Investment Corporation.
Which companies are comparable to Peace River Oil Partnership?Companies comparable to Peace River Oil Partnership include Oil Refineries, World Kinect, Innovex International, Genesis Energy New Zealand, Yantai Wanhua Petrochemical and Rover Pipeline.

See companies similar to Peace River Oil Partnership

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial