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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 Jul 29, 2021 12:24am
226 Views
Post# 33619468

RE:RE:Trican Q2 results-HIGHLIGHTS

RE:RE:Trican Q2 results-HIGHLIGHTS

I listened to it. Fedora really emphasized some trashcos were still undercutting prices and he couldn't fathom what is going on in their heads. Lots of talk about labor shortages and how he thinks that will be bullish. Talk of Tier 4 builds with "many" customers. Thinks market in Canada is maxed out of staffed equipment. Expects near term margin boosts (said 30-days).

Was really optimistic about the remainder of the year and the next few years.

The most positive I can ever recall Trican sounding since i started following it in 2017.

Here is the link to CC
https://t.co/j8evF7FHjB?amp=1

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