Ten years ago, Parman Energy made a decision that put its people first. It became an employee-owned company through an Employee Stock Ownership Plan (ESOP).
A decade later, the results speak for themselves. In the video below, the Parman Energy team reflects on what ten years of employee ownership has meant for the company, its people, and the customers they serve.
Parman’s story shows what an ESOP can do. The owner gets a fair-market-value exit. The company stays independent. And employees become owners who share in the success they help build.
Thinking about your own succession plan? An ESOP may be the right fit. Contact EFS ESOP Consultants to start the conversation.

