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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 EstevanOutsideron Jan 13, 2021 9:25pm
272 Views
Post# 32291418

RE:RE:RE:Raymond James. C$2.30 PT

RE:RE:RE:Raymond James. C$2.30 PT Markets are forward looking. For Trican to be setting new 52-week highs after two of the worst quarters of OFS history tells you where smart money thinks oil and gas are going.

Don't forget, JKM LNG prics were at an all-time low only 6-months ago while today they are at an all time high and Asia can't get enough natural gas.

That is the consequence of lower prices for too long.

All the replenishing will be coming from Montney, Trican's stronghold.

My prediction is $5.42 in 2021 and much higher into 2022 and beyond.  Cheers

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