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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 BigWillieon Jun 08, 2024 7:12pm
168 Views
Post# 36079578

RE:Share Buybacks

RE:Share Buybacksthat is roughly 10c /share, roughly 50c/share annually. Half shareholders will be dead from old age waiting for share buy back program to pay off. We are holding 12$/share stock which isn't truly appreciated, because of latency of share buy back program. It is slow and it is costly. It was ok at 60c per share, or 1.5S/share, but not at current share prices.
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