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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 HugeCraneon Feb 19, 2021 10:22pm
138 Views
Post# 32617309

RE:RE:Next weeks earnings

RE:RE:Next weeks earnings

Just1Question I concur with your $2.00 post earnings call. I believe it should be higher when you compare it to peers but it is what it is. Bitcoin and speculative micro caps are taking market by storm so I believe it will take some time for retail investors to realize what real value is but the winds are slowly starting to shift. I have read multiple E&P earnings calls this last week and all have stated they intend to keep capex at maintenance levels. This is going to sling shot service company rates in the long run, all one has to do is be patient and that is what I love about TCW. I don't have to check what the stock price is every 5 minutes because I understand the fundamentals and their financial position. I just put my bid in every week and hope I keep accumulating more shares, which I do of course.  Allows me to focus my time on operating my businesses while knowing my money is in safe hands.

Which brings me to my next point. THANK YOU TO EVERYONE WHO SOLD THIS WEEK. I look forward to seeing you you next week whether you like it or not.  

 

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