RE:RE:RE:RE:RE:RE:another breakthroughYeap. Trican also has contracts until spring break up so it's predicted after breakup you will see pressure pumper rates rise. The big move on pressure pumpers is likely to come in Q2 or Q3 2022 but obviously markets are supposed to be forward looking. Trican controls half of the parked capacity so they can ensure pricing power. Pipestone had indicated issues with services on the last conference call. It's going to be an issue for growth in general.
navajojoe wrote: EstevanOutsider wrote: I hope services pick up soon as I am l locked and loaded on Trican. I expect it to be a top performer in 2022 along with Pipestone.
While the day rate should be rising, if the service companies are having a hard time getting manpower, isn't that going to mean higher wages and lower top line?