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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

Comment by EstevanOutsideron Dec 11, 2020 5:05am
361 Views
Post# 32086445

RE:RE:RE:RE:Does this make sense? 24 month high

RE:RE:RE:RE:Does this make sense? 24 month high

Great post 5to10hold but I just want to add, I think we could see a strong pull on liquids activity later into 2021, Q3 and Q4 could easily outperform at the status quo which will put a huge pull on Trican's service lines which are equipped to deal with the Montney especially.

I don't think it's far fetched to say we could see $5 late in 2021.
 

Of course, everything depends on sentiment.

For those dreaming of double digits, yeah, a few years seems about right.

My personal target is $5 which is easily doable with the buybacks and netcash status.

Let's not forget, the addition of Canyon Tech's service line has never been fully realized in a bull market either.

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