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.

Trican Well Service Ltd TOLWF


Primary Symbol: T.TCW

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 firstworldon Jan 09, 2024 4:43pm
188 Views
Post# 35818212

RE:RE:RE:RE:Top pick on Bnn this morning

RE:RE:RE:RE:Top pick on Bnn this morning
BigWillie wrote: I can't see how would tcw "be broke like 90% bla bla" . You read balance sheet at all?


They received over $200M in govt subsidies 2020-2023 some of which may be subject to clawbacks and are still on various subsidies and govt garantees as well as indirect govt intervention and supports.

Without the govt intervention they are broke and since the CDN govt is now broke racking uo 600B in debt since 2020 to support losers and AB govt is broke rackin g up 100B for same the supports will end soon - just in time for oil crash occuring now.
<< Previous
Bullboard Posts
Next >>