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Trican Well Service Ltd T.TCW

Alternate Symbol(s):  TOLWF

Trican Well Service Ltd. is a Canada-based oilfield services company. The Company supplies oil and natural gas well servicing equipment and solutions to its customers through the drilling, completion and production cycles. Its services include hydraulic fracturing, cementing, acidizing, coiled tubing and technical solutions. Its cementing solutions combine equipment, quality cement blends and ongoing research and development. Cementing solutions include pre-flushes and spacers, surface cementing, intermediate cementing, liner cementing, cement plugs and others. The coiled tubing includes milling, coiled tubing fracturing, E-Coil and others. It provides equipment, engineering support, reservoir expertise and laboratory services through the delivery of hydraulic fracturing, cementing, coiled tubing, nitrogen services and chemical sales for the oil and gas industry in Western Canada. Its milling services include fracturing plugs, fracturing ports, stage tool/debris sub and others.


TSX:TCW - Post by User

Bullboard Posts
Post by Trippleline1on Feb 09, 2018 6:42pm
205 Views
Post# 27536922

Share buyback could help stabilize the share price!

Share buyback could help stabilize the share price!Although it is in the best interest of the company to buy back shares at the best possible price, the brokerage firm or firms that will assist in the buy back can help prop up the share price because they can strategically buy back shares at different levels as a way of supporting and stabilizing the share price.The company knows what their shares are worth and any shares they can purchase up to $6.00 is a bargain. Not only that, but the reduction in dilution should eventually increase share price value as well. 
Bullboard Posts