First Research Canadian Industry Profile

Canada’s oil and gas exploration and production industry includes about 1,500 employer establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $92 billion. Major companies include Canadian Natural Resources, Cenovus Energy, Encana, Husky Energy, and Syncrude Canada.

Demand is driven by domestic and foreign applications for fuel, such as transportation, home heating, and industry. Large companies benefit from greater ... plus: