Radar · Oil & Gas Midstream in Alberta
Best Oil & Gas Midstream Companies in Alberta, Canada
The 51 best Oil & Gas Midstream companies in Alberta, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: North West Redwater Sturgeon Refinery.
By Rohit KhannaTrends & Stories
51companies tracked
$5.7Bdisclosed funding
0unicorns
11have raised
Ranked: Best Oil & Gas Midstream companies in Alberta
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | North West Redwater Sturgeon Refinery Provider of oil refinery and storage services | $2.0B | 126 mo ago | Funding Raised | — | 2014 | WordPressMySQLPHP+11 | — | — |
| 2 | Cenovus Provider of natural gas & oil refining, transportation, storage, and marketing services | $1.2B | 54 mo ago | Public | Alexander Pourbaix CEO & President | 2009 | SitecoreApple iCloud MailTypeScript+24 | — | 5 job openings |
| 3 | Keyera Corp Midstream service provider in western Canada. | $571M | 85 mo ago | Public | — | 2003 | WordPressApple iCloud MailMySQL+23 | — | 3 job openings |
| 4 | NorthRiver Midstream Natural gas gathering and processing company | $540M | 78 mo ago | Funding Raised | Brandon Anderson CEO | 2018 | WordPressMySQLPHP+27 | — | — |
| 5 | KANATA Energy Natural gas processing plant operator | $334M | 162 mo ago | Acquired | Kevin Cumming Founder & CEO | 2012 | — | — | — |
| 6 | Tidewater Midstream and Infrastructure Provider of natural gas processing, transportation, and storage services | $271M | 46 mo ago | Public | Joel Macleod CEO & President | 2015 | WagtailPythonDjango+7 | 2 patents Underground natural gas storage battery systems for high‑capacity energy storage | — |
| 7 | Veresen Natural gas transmission company | $261M | 116 mo ago | Acquired | — | 2010 | — | — | — |
| 8 | Steel Reef Infrastructure Corp. Midstream Company targeting small to mid-sized infrastructure investments | $246M | 89 mo ago | Series E | — | 2012 | WordPressMySQLPHP+21 | — | — |
| 9 | Torq Provider of truck transportation services 62News top 33%Product top 34%Funding top 36%Growth top 38% All 7 signals ▾Newstop 33% Producttop 34% Fundingtop 36% Growthtop 38% Innovationtop 44% Talentbottom 40% Globalbottom 36% News: 8 BI events in 12 mo (of 32 tracked, 6 types) · +33% YoY Product: 2 product launch events in 12 mo · Company stage: PE rank vs industry peers · Fliar Intelligence Index 62/100 | $236M | 146 mo ago | Late Stage | Jarrett Zielinski Co-Founder & CEO | 2011 | — | — | — |
| 10 | Altex Energy Provider of crude oil transportation services | $34M | 144 mo ago | Series A | John Zahary CEO & President | 2005 | — | 11 patents Heavy oil/bitumen transport and transfer systems, including dual‑purpose rail cars and diluent processes. | 1 award |
Top 12 Oil & Gas Midstream companies in Alberta
#1
Public · Calgary, Alberta · founded 2009 · 11 employees$1.2Braised▾
Public · Calgary, Alberta · founded 2009 · 11 employees
In 2022, the company recorded annual revenues of $47.58B and a net profit of $4.13B.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 223k LinkedIn followers — 14.9% of this cohort's audience
Hiring: 5 hiring posts in 12 mo (public) · momentum +5 · hiring: Superintendent, Conventional Heavy Oil, Senior Commercial & Development Advisor
Funding rounds
- Jan 2022Post IPO—
- Mar 2015Post IPO$1.2B
Founders & team
Investors
GMO
Tech stack
AmplitudeAngularjsApple Icloud MailAzureAzure Edge NetworkBackbone.Js
#2
Public · Calgary, Alberta · founded 2015 · 446 employees$270.9Mraised▾
Public · Calgary, Alberta · founded 2015 · 446 employees
Provider of natural gas processing, transportation, and storage services
Funding rounds
- Sep 2022Post IPO$3.6M
- Jul 2019Post IPO$57.3M
- Jun 2015Post IPO$210M
Founders & team
Investors
Birch Hill Equity Partners
Tech stack
DjangoGodaddyGoogle AnalyticsGoogle Font ApiGoogle Hosted LibrariesJquery
#3
Funding Raised · Bon Accord, Alberta · founded 2014 · 329 employees$2Braised▾
Funding Raised · Bon Accord, Alberta · founded 2014 · 329 employees
Opeartor of a bitumen refinery in Alberta, Canada. The company's refinery has the capability to expand capacity to convert 150,000 barrels of bitumen directly to fuels and other high value, low sulphur products required in the Alberta and world markets.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 22k LinkedIn followers
Hiring: 4 hiring posts in 12 mo (public) · momentum +4 · hiring: Electrical Engineer, Manager - Marketing
Funding rounds
- Jan 2016Conventional Debt$604.2M
- Jul 2015Conventional Debt$383.2M
- Jul 2014Conventional Debt$1B
Tech stack
BootstrapFont AwesomeGoogle Font ApiJqueryJquery MigrateModernizr
#4
Public · Calgary, Alberta · founded 2003 · 1098 employees$571Mraised▾
Public · Calgary, Alberta · founded 2003 · 1098 employees
Midstream service provider in western Canada.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 67k LinkedIn followers — 4.5% of this cohort's audience
Hiring: 3 hiring posts in 12 mo (public) · momentum +3 · hiring: Trainer Electrician & Instrumentation, Maintenance Planner/Scheduler
Funding rounds
- Jun 2019Conventional Debt$451M
- Conventional Debt$120M
Investors
IAM Group, Stonepeak
Tech stack
Anime.JsApple Icloud MailAzureCloudflareCloudflare Bot ManagementCore-Js
#5
Funding Raised · Calgary, Alberta · founded 2018 · 256 employees$539.5Mraised▾
Funding Raised · Calgary, Alberta · founded 2018 · 256 employees
Natural gas gathering and processing company
LinkedIn Pulse recent public activity · Jul 2026
Audience: 12k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Analyst, IT Business Solutions – Finance & Accounting
Funding rounds
- Jan 2020Conventional Debt$539.5M
Founders & team
Investors
Roald Nashi, Rohit Chaudhry, Osaro Aifuwa, Maulin Shah
Tech stack
Anime.JsApache Http ServerAzureBootstrapContact Form 7Core-Js
#6
Series E · Calgary, Alberta · founded 2012 · 115 employees$246.5Mraised▾
Series E · Calgary, Alberta · founded 2012 · 115 employees
Midstream Company targeting small to mid-sized infrastructure investments
LinkedIn Pulse recent public activity · Jul 2026
Audience: 11k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public)
Funding rounds
- Feb 2019Series E$68.2M
- Apr 2016Series D$58.9M
- Apr 2015Series C$4.3M
- Mar 2014Series C$65M
Investors
PFM Capital, Instar Asset Management, SaskWorks, Peters & Co, Stifel, GMP Securities
Tech stack
CloudflareCloudflare Bot ManagementContact Form 7CookiebotCore-JsDivi
#7
Acquired · Calgary, Alberta · founded 2012 · 15 employees$334.3Mraised▾
Acquired · Calgary, Alberta · founded 2012 · 15 employees
Kanata Energy is a midstream oil & gas company involved in natural gas processing company for methane-based and unconventional oil which includes compression, dehydration, refrigeration and condensate stabilization of fuels. Also, sells fuel in Pacific market to downstream companies and transport the fuel through pipelines and rail terminals. Operates three processing plants in Canada, as of Feb'18.
Funding rounds
- Jan 2013Series E$334.3M
Founders & team
Investors
ARC Financial, Ontario Teachers' Pension Plan, Energy Spectrum
Tech stack
WordpressMysqlPhpGeneratepressGeneratepress Gp PremiumRankmath Seo
#8
Acquired · Calgary, Alberta · founded 2010 · 278 employees$261.1Mraised▾
Acquired · Calgary, Alberta · founded 2010 · 278 employees
Natural gas transmission company
Funding rounds
- Nov 2016Conventional Debt$261.1M
Investors
Harbert Management, KKR
#9
Late Stage · Calgary, Alberta · founded 2011$236Mraised▾
Late Stage · Calgary, Alberta · founded 2011
Provider of truck transportation services
Fliar Intelligence Index™ 62how this company ranks against its industry peers
News
top 33%Product
top 34%Funding
top 36%Growth
top 38%Innovation
top 44%Talent
bottom 40%News: 8 BI events in 12 mo (of 32 tracked, 6 types) · +33% YoY · 5 high-value events (IPO/M&A/funding/contracts) in 12 mo
Product: 2 product launch events in 12 mo · Company stage: PE
Funding: Raised $236M across 1 rounds · 1 rounds over 12 yrs (0.1/yr) · Last round PE (Jun 2014)
Funding rounds
- Jun 2014PE$236M
Founders & team
Investors
KKR
#10
Series A · Calgary, Alberta · founded 2005 · 42 employees$33.7Mraised▾
Series A · Calgary, Alberta · founded 2005 · 42 employees
Operator of energy transportation and infrastructure company intended to serve rail, midstream, resource and oil industries. The company offers a fully integrated, bidirectional, multi-destination, rail-based pipeline system connecting producers of bitumen and crude oil products from Canada's oil sands to markets, enabling clients across Canada, the US Midwest and the US Gulf Coast to get easy delivery of fuel.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 915 LinkedIn followers
Activity: 1 partnerships · 1 awards (incl. Canadian oil producers, governments, infrastructure companies, international crude oil buyers) announced in 12 mo
Funding rounds
- Jul 2014Series A$33.7M
Founders & team
Investors
Azimuth Capital Management, Kensington Capital Partners
Tech stack
WordpressMysqlPhpYoutubeWpbakeryApache Http Server
#11
Public · Calgary, Alberta · founded 1951 · 7477 employees—raised▾
Public · Calgary, Alberta · founded 1951 · 7477 employees
In 2022, the company recorded annual revenues of $11.01B and a net profit of $1.28B.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 319k LinkedIn followers — 21.3% of this cohort's audience · 82 engagements/post (3.0× cohort median)
Founders & team
Investors
Pricoa Private Capital, EIP
Tech stack
AzureAzure MonitorCdnjsChart.JsCloudflareCloudflare Bot Management
#12
Acquired · Calgary, Alberta · founded 1997 · 1276 employees—raised▾
Acquired · Calgary, Alberta · founded 1997 · 1276 employees
Petroleum processing, transportation, and storage company
LinkedIn Pulse recent public activity · Jul 2026
Audience: 57k LinkedIn followers — 3.8% of this cohort's audience
Hiring: 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Assistant, Stakeholder & Community Engagement, Adviser, SCADA Systems
Founders & team
Investors
Alberta
Tech stack
AddtoanyAmazon Web ServicesApache Http ServerApple Icloud MailAws Certificate ManagerAzure
Funding & investor landscape
$5.7Btotal disclosed funding
10companies funded
19disclosed rounds
0rounds last 90 days
Most active investors
Notable founders
Alexander Pourbaix
CEO & President · Cenovus
Joel Macleod
CEO & President · Tidewater Midstream and Infrastructure
Brandon Anderson
CEO · NorthRiver Midstream
Kevin Cumming
Founder & CEO · KANATA Energy
Jarrett Zielinski
Co-Founder & CEO · Torq
John Zahary
CEO & President · Altex Energy
Russell Girling
CEO & President · TC Energy
Francois Poirier
CEO · TC Energy
Christian Bayle
CEO & President · Inter Pipeline
Jeff Chisholm
CEO · CanAsia Energy
Steve Spaulding
CEO & President · Gibson Energy
Al Monaco
CEO & President · Enbridge
Prism market signals · Canada · country-scoped Prism corpus, 142,929 docs
Market landscape — 10 sub-themes by coverage
Share of Oil & Gas Midstream coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH IN ALBERTA · Consumer & Industrial
How research on Oil Gas Digital in Alberta is moving
A read on the academic research around Oil Gas Digital in Alberta — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 377 papers.
377 papers · stance +0.47 · 20% breakthrough · 13% concern
top institutions
- University of Alberta346
- Alberta Innovates22
- Alberta Energy9
- Alberta College1
- Libin Cardiovascular Institute of Alberta1
leading researchers
Tayfun Babadagli · Japan Trivedi · Juliana Y. Leung · Hassan Dehghanpour · Huazhou Li · Rick Chalaturnyk
prism intelligence · tone & topics
80% positive · 2% critical tone
EnergyEnvironmentMaterials ScienceBusinessData ScienceManufacturing
▲
Breakthroughs67 · 18%
▲ 17%→24% share
▲1.4× share momentum7 median citations36% since 2021mostly methods-led
Breakthroughs are rising (17%→24% of field), led by Chemical engineering.
rising sub-themes (early→recent)
- Chemical engineering1→4
- Permeability (electromagnetism)1→3
- Enhanced oil recovery9→11
- Multiphase flow1→3
- Pulmonary surfactant2→3
Newly emergingField (mathematics) 0→3
Landmark Aquistore Project Measurement, Monitoring, and Verification: From Concept to CO2 Injection · 72 cites
◆
Advancements225 · 60%
▼ 62%→55% share
▼0.9× share momentum11 median citations25% since 2021mostly empirical
Advancements are cooling (62%→55% of field), led by Viscoelasticity.
rising sub-themes (early→recent)
- Viscoelasticity1→3
- Residual oil3→5
- Oil shale4→5
Newly emergingHydraulic fracturing 0→5 · Unconventional oil 0→3 · Fracturing fluid 0→3
Landmark Microemulsions: a novel approach to enhanced oil recovery: a review · 257 cites
▼
Concerns43 · 11%
▼ 11%→10% share
▼0.9× share momentum8 median citations23% since 2021mostly empirical
Concerns are cooling (11%→10% of field), led by Wetting.
rising sub-themes (early→recent)
- Wetting2→4
Newly emergingPorous medium 0→3
Landmark Potential Microbial Enhanced Oil Recovery Processes: A Critical Analysis · 95 cites
Common questions
How many Oil & Gas Midstream companies are there in Alberta, Canada?
Radar tracks 51 indexable Oil & Gas Midstream companies headquartered in Alberta, Canada that meet our profile-completeness bar.
What is the total funding raised by Oil & Gas Midstream companies in Alberta, Canada?
The Oil & Gas Midstream companies in Alberta, Canada on this list have raised a combined $5.7B in disclosed equity funding across 10 funded companies.
Which is the highest-funded Oil & Gas Midstream company in Alberta, Canada?
North West Redwater Sturgeon Refinery is the highest-funded Oil & Gas Midstream company in Alberta, Canada, with $2B in disclosed equity funding.
How many Oil & Gas Midstream companies in Alberta, Canada are funded?
10 of the 51 Oil & Gas Midstream companies in Alberta, Canada on this list have disclosed at least one equity funding round.
How many Oil & Gas Midstream unicorns are there in Alberta, Canada?
None of the Oil & Gas Midstream companies in Alberta, Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Alberta, Canada Oil & Gas Midstream companies?
The most active investors in Alberta, Canada Oil & Gas Midstream companies on this list include KKR, CPP Investments, PSP Investments, Pricoa Private Capital, Stifel.
Rohit KhannaTrends & Stories
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.