Local companies make Venture provincial list of highest revenues

Central Alberta companies have strengthened their presence on Alberta Venture magazine’s annual list of the provincial companies with the highest revenues. Parkland Fuel Corp., High Arctic Energy Services Inc. and Gamehost Inc. of Red Deer, and Agriculture Financial Services Corp. (AFSC) of Lacombe all remained on The Venture 250 for 2014, and improved their placement from last year’s list.

Central Alberta companies have strengthened their presence on Alberta Venture magazine’s annual list of the provincial companies with the highest revenues. Parkland Fuel Corp., High Arctic Energy Services Inc. and Gamehost Inc. of Red Deer, and Agriculture Financial Services Corp. (AFSC) of Lacombe all remained on The Venture 250 for 2014, and improved their placement from last year’s list. New to the rankings this year are W.A. Grain & Pulse Solutions of Innisfail, Rifco Inc. of Red Deer and Lonestar West Inc. of Sylvan Lake.

The rankings are compiled on the basis of companies’ revenues for their 2013 fiscal year. Suncor Energy Inc. leads the list at $39.6 billion, followed by Enbridge Inc. at $32.9 billion and Imperial Oil Ltd. at $32.7 billion.

Parkland Fuel holds down the number 16 spot, up from 24th last year, on the strength of $5.3 billion in 2013 revenues. AFSC comes in 71st, up from 76th, with revenues of $1 billion; High Arctic is 155th, up from 166th, with revenues of $152.7 million; and Gamehost is 189th, up from 199, thanks to its 2013 revenues of $77.6 million.

W.A. Grain & Pule Solutions is ranked 193rd, on revenues of $73.6 million; Rifco is 246th, based on revenues of $30.3 million; and Lonestar is 248th, with revenues of $27.9 million.

Other organizations of note on the Venture 250 this year are Calgary-based Nova Chemicals Corp., which finished 18th with revenues of $5.3 billion; and Servus Credit Union of Edmonton, which is 94th on revenues of $472 million.