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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

Post by Guy5354on Jan 20, 2023 1:15pm
383 Views
Post# 35235944

Why so much Resistance @ $4?

Why so much Resistance @ $4?Does anyone have information or an opinion as to why there is so much resistance @$4? Volume has been good and oil prices are up along with overall positive sentiment but TCW can't seem to break the $4 barrier. Although the 4th quarter results will be impacted by holiday slow down or severely cold weather I expect the year end report to be positive. I have been patient for years waiting for Trican to show it's true intrinsic value but my patience is being severely tested right now. 
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