TORC Oil & Gas

Calgary, Canada Founded: 2010 • Age: 16 yrs Acquired By Whitecap Resources
Exploration and Development Company
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About TORC Oil & Gas

TORC Oil & Gas is a company based in Calgary (Canada) founded in 2010 was acquired by Whitecap Resources in December 2020.. TORC Oil & Gas has completed 1 acquisition, including Vero Energy.

  • Headquarter Calgary, Canada
  • Stage Public
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $86.26 M (USD), Post-IPO

    Aug 01, 2016

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Whitecap Resources

    (Dec 09, 2020)

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Funding Insights of TORC Oil & Gas

  • Total Funding
  • Total Rounds 4
  • Last Round Post-IPO — $86.3M
  • First Round

    (17 Feb 2011)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2016 Amount Post-IPO - TORC Oil & Gas Valuation

investors

May, 2015 Amount Post-IPO - TORC Oil & Gas Valuation

investors

Sep, 2013 Amount Post-IPO - TORC Oil & Gas Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in TORC Oil & Gas

TORC Oil & Gas has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Whitecap Resources and CPP Investments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Pension fund assets are managed for sustainable long-term growth.
Founded Year Domain Location
Monthly dividends are paid by Canadian oil and liquids producer.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by TORC Oil & Gas

TORC Oil & Gas has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vero Energy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Oil and natural gas E&P company
2005
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - TORC Oil Gas

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Torc Oil & Gas Comparisons

Employees
+
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Competitors of TORC Oil & Gas

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Torc Oil & Gas

Frequently Asked Questions about TORC Oil & Gas

When was TORC Oil & Gas founded?

TORC Oil & Gas was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is TORC Oil & Gas located?

TORC Oil & Gas is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.

What does TORC Oil & Gas do?

TORC Oil Gas was established in 2010 and is headquartered in Calgary, Canada. Operations are centered in the oil and gas sector, where crude oil and natural gas assets are acquired, explored, developed, and produced. Emphasis is placed on high-quality tight light oil resource plays to support resource extraction activities in relevant geographic areas.

How many acquisitions has TORC Oil & Gas made?

TORC Oil & Gas has made 1 acquisition, including Vero Energy.

Who are TORC Oil & Gas's investors?

TORC Oil & Gas has 2 investors. Key investors include Whitecap Resources, and CPP Investments.

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