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Trican Well Service Ltd T.TCW

Alternate Symbol(s):  TOLWF

Energy Oil & Gas Equipment & Services
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

Trican Well Service Ltd > 10% one day increase!
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Comment by EstevanOutsideron Apr 09, 2022 8:10am
341 Views
Post# 34590360

RE:10% one day increase!

RE:10% one day increase!There was some bullish notes from Peters  & Co last week suggesting Trican will bring on an 8th fleet and also obtain pricing power while inflationary costs to the company are actually reduced. I think the Blueberry issue being resolved soon plus a potential LNG announcement from Shell in May could be received incredibly bullishly for Trican and other oilfield service companies.

I also think Eric Nuttall's fund started buying Trican this month.

Rotation into oilfield services makes tons of sense right now.


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