Trican Well Service Ltd T.TCW

Well,,,Somebody’s Making Money

[Etstedesco]

in the Energy/ Gas sector! Just opened my gas bill for November and it's twice what it was for last years same period. Just about fell off my chair. Can't wait to see thdd we months going forward. Have a great weekend.

[firstworld]

What's the gas part and whats the admin + fees LOL? It's the only biz where overhead is 100% +/- VS standard 5-8% besides Canada airlines who tack on another 50-150% overhead and taxes hahaha. Only govt regulated business for the good of the consumer allows local O& G to use " global" price, that they could never get on the free market, for consumer prices. It's an East

[MrAlberta]

Good - let the gas companies get some money to drill some wells that TCW can frac already. Unless the producers have cashflow, it can't trickle down to the exploration and drilling sector. 

[firstworld]

Thousands of drilled wells waiting for fracs and production. More drilling will simply not happen and new rules will render many of the thousands of wells waiting for production uneconomical. There is no shortage of pending fracs, just a massive market access problem thanks to 150 yr old rail line, old pipelines, ecoterrorists allowed to block energy companies, no material deep water