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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 outdawazooon May 10, 2018 1:01pm
171 Views
Post# 28012566

patience...

patience...Some folks on this board seem to be running out of patience.  I too am frustrated a bit but the results are encouraging.  They are buying back stock at a pace of 10%/yr and they could buy more with their cash flow.  Great balance sheet.  I think some people look at the loss number and dont get that is accounting voodoo since they marketed down Keane based on the share price which is ridiculous IMO.

I am sitting tight with my 20k shares.  Although Nutall has lost me a lot of money with his recommendations over the years, I think he is right that they should buy back as much as possible.

btw, the thing that really irks me about Nuttall is he gives a top pick, then 3 months later is has gone down and he doesn't own it.  wtf??  Maybe BNN needs a new category.  "Top pick for the next 2 days"
Bullboard Posts