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Bullboard - Stock Discussion Forum 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... see more

TSX:TCW - Post Discussion

Trican Well Service Ltd > Line 5 cancellation - impacts to TCW & others
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Post by Nayboring on Feb 04, 2021 1:58pm

Line 5 cancellation - impacts to TCW & others

What are your thoughts on the potential cancellation (shut down) of Line 5 by Michigan - they are saying they want it done by May. While I don't know how likely this is to happening - how do you see this impacting western Canada producers - TCW included? Obviously, this would have a crushing impact to energy production in Ont/Que & eastern Canada (& the economy in general).
Comment by HugeCrane on Feb 04, 2021 10:01pm
Producers will still find a way to move product. Exhibit A https://financialpost.com/commodities/energy/suncor-imperial-scramble-to-make-contingency-plans-in-case-michigans-order-cuts-off-ontarios-oil-supply I think this will affect heavy oil producers a lot more then the natty gas players. I don't see this negatively affecting Trican and their customers as much as you'd think. Yes, it ...more  
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