Calgary Head Offices – Financial Post 500

Calgary Head Office Companies - Top Earners on the Financial Post's 500

If you are Canadian, chances are you know that Calgary is the epicentre of the oil patch. Found below the world’s third largest oil reserves, it’s no wonder why many oil and gas companies in Canada have chosen Calgary as the location for their head office. To much surprise, this isn’t the only industry choosing to do so. Also on the list is a booming airline, an emerging technological leader and a construction giant amongst others.

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photo by Chris Blackbird[/caption]

Although these companies have managed to become top earners in Canada, energy companies still dominate the top of the list and are a main driving force in propelling Calgary into a new and prosperous year in 2013. Nearly every Calgary based company listed as a top 50 earner in the Financial Post 500 are energy firms, save Agrium Inc., a chemical company known for fertilizer goods, and Viterra Inc., a company specializing in food processing.

Other non-energy notables in the top 500 include

• Corus Entertainment
• WestJet Airlines
• Shaw Communications
• UFA Co-operative
• Central Fund of Canada
• Calgary Co-operative Association
• CE Franklin
• Safeway Canada
• Boardwalk Real Estate Investment Trust
• SMART Technologies

As a result of continued international investment, Calgary is expanding its spectrum of industries. In 2011, the Bank of China opened their first office in the city, showing how much attention Calgary is receiving from the international community. It is no longer just an energy city, but a place for technological, financial and other investments as well.

Top 50 Calgary Head Office Earners on the Financial Post 500

• Suncor Energy – Oil and Gas - #2 - $39,619,000,000
• Imperial Oil – Oil and Gas - #6 - $30,474,000,000
• Husky Energy – Oil and Gas - #12 - $23,364,000,000
• Enbridge – Energy - #15 - $19,402,000,000
• Cenovus Energy – Oil and Gas - #23 - $15,696,000,000
• Agrium – Chemical - #24 - $15,299,830,000
• Canadian Natural Resources – Oil and Gas - #26 - $13,792,000,000
• Viterra – Farm - #33 - $11,790,458,000
• TransCanada – Oil and Gas - #46 - $9,139,000,000
• Encana - Oil and Gas - #49 - $8,373,863,000

• Talisman Energy - Oil and Gas - #54 - $8,103,866,000
• ConocoPhillips Canada Resources - Oil and Gas - #61 - $6,998,164,000
• Canada Safeway – Food - #64 - $6,633,223,000
• Nexen - Energy - #66 - $6,341,000,000
• NOVA Chemicals – Chemical - #81 - $5,183,349,000
• Canadian Pacific Railway – Transport - #82 - $5,177,000,000
• Gibson Energy – Oil and Gas - #83 - $5,072,031,000
• Shaw Communications - Media - #88 - $4,740,903,000
• Fluor Canada – Engineer - #100 - $4,082,097,000
• ATCO – Utility - #102 - $3,991,000,000

• Superior Plus – Whole - #105 - $3,925,600,000
• Canadian Oil Sands – Energy - $3,875,000,000
• ENMAX –Utility - #124 - $3,109,100,000
• WestJet Airlines – Transport - #125 - $3,071,540,000
• Devon Canada - Oil and Gas - #126 - $3,061,944,000
• Penn West Petroleum - Oil and Gas - #131 - $2,951,000,000
• TransAlta – Utility - #144 - $2,663,000,000
• Keyera - Energy - #150 - $2,569,158,000
• Trican Well Service – Oil Field - #162 - $2,309,647,000
• UFA Co-operative – Whole - #173 - $2,108,450,000

• Graham Group – Engineer -#179 - $2,009,000,000
• Precision Drilling – Oil Field - #183 - $1,951,027,000
• Ensign Energy Services – Oil Field - #186 - $1,890,372,000
• Pembina NGL – Oil and Gas - #187 - $1,886,122,000
• Crescent Point Energy – Oil and Gas - #198 - $1,729,161,000
• Pembina Pipeline – Energy - #202 - $1,676,710,000
• Jacobs Canada – Engineer - #206 - $1,634,952,000
• Flint Energy Services – Oil Field - #210 - $1,616,186,000
• Apache Canada – Oil and Gas - #214 - $1,599,213,000
• AltaGas – Energy - #217 - $1,572,571,000

• Calfrac Well Services – Oil Field - #220 - $1,537,392,000
• The Churchill – Engineer - #228 - $1,409,159,000
• Central Fund of Canada – Finance - #234 - $1,369,260,000
• Weatherford Canada – Oil Field - #243 - $1,294,601,000
• ARC Resources – Energy - #246 - $1,278,200,000
• Murphy Oil – Oil and Gas - #260 - $1,167,316,000
• Inter Pipeline Fund – Energy - #265 - $1,151,567,000
• Pengrowth Energy – Oil and Gas - #269 - $1,135,839,000
• Calgary Co-operative Association – Food - #274 - $1,096,813,000
• Baytex Energy – Oil and Gas – #275 - $1,096,642,000

The companies listed above are only 50 of the 81 companies who have a head office in Calgary that fall into the Financial Posts top 500 earners in Canada.

As the economy slows in activity, it is anyone’s guess as to what will happen to the price of oil and gas in 2013, but one thing is for sure; Calgary will remain the focal point of the energy industry in Canada and will support the success of other non-industry businesses along the way.