- Companies
- Peace River Oil Partnership
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
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
| Date | Stage | Valuation |
|---|---|---|
| May 2010 | Strategic 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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2010 | Strategic investment | China Investment Corporation | $813M | $1.8B | CIC 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
| Investor | HQ | Rounds | Role | First 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 TrialPeace 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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $5.8B | $356M | $1.8B | - | ||
| Publicly listed | $37B | ($541M) | $1.8B | 0.0x | ||
| Publicly listed | $978M | $204M | $1.8B | 1.6x | ||
| Publicly listed | $1.6B | $204M | $1.8B | 1.3x | ||
| Private | - | - | $2.6B | - | ||
| Private | - | - | $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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $5.8B | $356M | 0.4x | - | 6.8x | - | |||
| $37B | ($541M) | 0.1x | 0.0x | (4.3x) | 5.3x | |||
| $978M | $204M | 1.7x | 1.6x | 8.1x | 8.2x | |||
| $1.6B | $204M | 1.5x | 1.3x | 11.3x | 7.7x | |||
| $3.2B | $336M | 1.9x | 1.6x | 17.8x | 8.4x | |||
| $2.1B | $80M | 0.7x | 0.7x | 19.4x | 11.2x | |||
| $6.7B | $507M | 0.3x | 0.3x | 3.3x | 3.3x | |||
| $514M | $226M | 4.1x | - | 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.




