Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 HugeCraneon Jan 07, 2021 11:37pm
143 Views
Post# 32251510

RE:RE:RE:RE:RE:Clarke Inc selling lately like there’s no tomorrow

RE:RE:RE:RE:RE:Clarke Inc selling lately like there’s no tomorrow I think it depends on your risk tolerance and how long you're willing to wait. Higher oil demand and prices will be reflected sooner in Tourmaline's revenue and profits because it is a producer. Where as Trican may have to wait abit before producers want to pick up spending which will take time to show up on the balance sheet, but will also bite into competitors operating on bank debt. I own both, but I own a truck load more of Trican then Tourmaline. My only concern about buying more Trican right now is what is going on behind the scenes with Calfrac.  Calfrac is currently majority owned by G2S2 and Clarke (so basically George Armoyan), and I don't think you can consider Trican and overlook that fact.  I strongly believe there has to be some kind of an ongoing conversation about a potential merger or acquisition, which would turn this into a monster, but I'm not sure how the market would react...I myself am trying to put away some more cash in case Trican dips again but I may miss the boat this time around
<< Previous
Bullboard Posts
Next >>