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Trican Well Service Ltd T.TCW

Alternate Symbol(s):  TOLWF

Energy Oil & Gas Equipment & Services
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

Trican Well Service Ltd > Why so much Resistance @ $4?
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Comment by Tradestayon Feb 01, 2023 8:06am
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Post# 35258872

RE:RE:RE:RE:RE:Why so much Resistance @ $4?

RE:RE:RE:RE:RE:Why so much Resistance @ $4?TCW bought back just over 30% of shares in the asg 5 years. They have only achieved debt free status in 2 of those five years in Q2 2020. There FCF is at its highest in a few years. Then why will they stop the buyback now? 

This is the period they will ramp it up, they bought shares in Nov and Dec 2022 and wr will soon see how many was bought in Jan 23. 

This has been on my watch list a while but now I m giving it more attention. 
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