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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 > Analyst Comment
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Comment by firstworldon Aug 22, 2023 7:04pm
204 Views
Post# 35600844

RE:Analyst Comment

RE:Analyst Comment
retiredcf wrote:
RISKY
Trican Well Service Ltd.(TCW-T)
18/08/2023
 
Good for long term investors at 5-10 years.
Energy services a volatile sector.
Is good for risk adverse investors.
Cash balance very strong. 
Demand for drilling is high given strength in energy prices. 
 
Oil / Gas Field Services

Ryan Bushell
$4.645
No

Global minority super majors and NOC have all left Canada for LayAM and Africa wgike TCW is still on hovt life supoort with unpaid emergency funds return and ongoing subsidies in the form of emplyee retention, numerous ethnik and minority hire subsidies, and AB sibsifies limefuel tax breaks and othet tax holidays.

Still a huge welfare corp in a declining market with massive political risks especially incredibly polluting fracing.

Better to by exCanada it they would hace kept massivly profitable RU business it wpuld be woth keeping.
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