Irving Oil

Irving Oil

About Irving Oil

Simplify's Rating
Why Irving Oil is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Automotive & Transportation

Energy

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Saint John, Canada

Founded

1924

Overview

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Simplify's Take

What believers are saying

  • RNG partnership enhances environmental credentials and market appeal.
  • Strong workplace culture attracts top talent and improves retention.
  • Hometown Rewards program could boost customer loyalty and sales.

What critics are saying

  • Leadership instability from recent executive changes may affect strategic direction.
  • Diesel spill in Woodstock raises environmental and regulatory concerns.
  • Challenges in scaling RNG partnership may impact sustainable energy transition.

What makes Irving Oil unique

  • Irving Oil's 10-year RNG agreement marks a shift towards sustainable energy solutions.
  • Named one of Canada's Top 100 Employers for eight consecutive years.
  • Launched Hometown Rewards, its first loyalty program in Atlantic Canada.

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Benefits

Hybrid Work Options

Paid Vacation

Wellness Program

401(k) Retirement Plan

401(k) Company Match

Flexible Benefits Plan

Company News

The Safety Magazine
Feb 28th, 2025
Massive diesel spill in Woodstock raises environmental concerns

Dillon Consulting was contracted by Irving Oil to lead remediation efforts.

919 The Bend
Jan 14th, 2025
Irving Oil to remain privately held

The company also announced Tuesday that Jeff Matthews had been appointed president and CEO of Irving Oil.

BNN Bloomberg
May 13th, 2024
Arthur L. Irving, Billionaire Canadian Oilman, Dies at 93

With Repsol SA, Irving Oil developed a liquefied natural gas import facility in Saint John that started receiving shipments in 2009.

CSP Daily News
Feb 27th, 2024
Irving Oil President Steps Down as Refiner-Marketer Searches for Successor

Ian Whitcomb has stepped down as president of Irving Oil Ltd.

Country 94
Feb 26th, 2024
Ian Whitcomb stepping down as Irving Oil president

Whitcomb was named president of Irving Oil back in 2015.

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