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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 > Trican results are out.......slightly better than expected.
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Post by Relaxrelax on Jul 27, 2021 8:33pm

Trican results are out.......slightly better than expected.

Consensus was for a -.07 loss but our loss was just -.02.  Being this is the most challenging quarter, things are looking bright.  With no debt and 100 million in cash I can't see anything but positives ahead.
Comment by EstevanOutsider on Jul 28, 2021 4:46am
Agree it was an amazing quarter but where do you see $100M cash-on-hand? They have about $59 -- good enough. Positive ebitda during Q2, the worst Q of the year. Could get to $100M within the next two Qs but I really hope they start a dividend here.
Comment by Relaxrelax on Jul 28, 2021 5:36am
Working capital 100.4 million.
Comment by Possibleidiot01 on Jul 30, 2021 7:14am
Trican Well Service (TSE:TCW)‘s stock had its “sector perform” rating reiterated by stock analysts at Royal Bank of Canada in a research report issued on Thursday, Stock Target Advisor reports. They presently have a C$3.50 price target on the stock. Royal Bank of Canada’s price target indicates a potential upside of 32.58% from the company’s current price. Trican Well Service (TSE:TCW)‘s stock ...more  
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