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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
Comment by jwallingfon Oct 18, 2018 3:56pm
83 Views
Post# 28830257

RE:Is it a good time to buy?

RE:Is it a good time to buy?There's nothing showing on Canadian Insider today but they have renewed their NCIB. We're at or close to the point of maximum pessimism. Today has a capitlulation feel with 4.7 million shares traded. For a long-term hold a buy today will produce a healthy return. It's certainly possible it could go lower so scale in. Their balance sheet is one of the strongest in the industry. Low debt, working capital nearly exceeds all liabilities. 
Bullboard Posts