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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 Tradestayon Jan 31, 2023 5:49pm
145 Views
Post# 35258069

RE:RE:RE:Why so much Resistance @ $4?

RE:RE:RE:Why so much Resistance @ $4?Most oil amd gas companies major focus are shareholders return and a small growth wedge. This simply means TCW business will improve and sustained but not declined in these oil environment. As per companies  wing in debt most are projected be ne debt free in 2023 into 2024 or hit their debt targets. 

As well trans mountain completion will only I prove WCS. 

I am Impressed with TCW large share buyback program and netcash position, there rate of buyback has only increased, they will be well under 200M shares at this buyback speed in 2 years. 
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