Whitecap, Raging River added the most employees of TSX-listed oil producers in 2016
Whitecap, Raging River added the most employees of TSX-listed producers in 2016
By Mark Young
April 25, 2017, 12:42 p.m.
Whitecap Resources and Raging River Exploration saw full-time and part-time employee numbers increase by 62 and 54 percent, respectively, between 2015 and 2016, according to annual data available on CanOils.
The two companies top the list of TSX producers to increase employee numbers in the last year, despite the continued challenging environment for oil and gas producers worldwide.
At the other end of the spectrum, the TSX companies to let the highest portion of employees go this year were TransAtlantic Petroleum and Perpetual Energy. These companies cut their workforces by 59 and 57 percent, respectively, between 2015 and 2016.