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

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Post by GREGORY0813on Feb 23, 2018 2:58pm

147 Views

Post# 27611280

Dont let share buyback fool you

Even if TCW does buyback 22 million shares (their maximum allowed) this represents only 5.4% of the total shares.
Yes it helps but by no means is this a magic bullet to improve share price.
And most companies never purchase their maximum allotment.
Be careful to all those waiting for the magic share buy back

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