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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

Bullboard Posts
Comment by MrAlbertaon Aug 26, 2019 2:51pm
120 Views
Post# 30066938

RE:(Recession) How low will oil go?

RE:(Recession) How low will oil go?What I don't understand is how Trump wants to bring all these jobs back to America but the US unemployment rate is actually really low. There are literally millions of people in China working manufacturing jobs that the US couldn't backfill without massive population growth. The only way to get massive, instantaneous population growth of adult workers is by immigration... which he is also hugely opposed to. Ignoring that catch 22, the lag time of trying to rebuild Asia's factories over here makes no economic sense and would take several years. In the meantime, having volatile tariffs just steals dispoable income from the nation that is supposed to be saving up to supposedly repatriate these industries. The whole thing is set up for failure. Ask any person living in North America after 1970 if they want to work in a factory making any of the millions of products stamped "made in China". Do millenials know how to sew sneakers together? Trump thinks he's creating capitalism, but his market tinkering and authoritarian "hereby order" comment last week smells alot like communist market control. Too bad the global economy is along for the ride with a wannabe dictator grabbing at the wheel! 
Bullboard Posts