Trican Well Service Ltd. (TOLWF)
Trican Well Service Ltd. operates in the Oil & Gas Equipment & Services industry of the Energy sector, headquartered in Calgary, AB, CA. The stock last traded at $4.47, down 0.67% on the session, giving a market capitalisation of $938.6M. On trailing twelve-month figures it carries a trailing P/E of 14.56, a net margin of 7.6%. Its beta of 0.49 implies it has historically moved less than the broad market.
Trican Well Service Ltd. is a Canadian-based equipment and technology provider specializing in comprehensive services for the oil and gas industry. The company supports the full lifecycle of oil and gas wells, from drilling and completion to stimulation and re-working operations. Its core offerings include sophisticated cementing solutions, encompassing everything from initial design and laboratory analysis to specialized services like pre-flushes, spacers, cement plugs, and lost circulation treatments. Trican performs various cementing operations, including surface, intermediate, production, liner, horizontal, and remedial/squeeze cementing, supported by a fleet of cement pumpers, bulk equipment, and auxiliary tools. Trican also delivers reservoir solutions, aiding clients with exploration, production analysis, and advanced simulation and modeling services to optimize well performance. A significant part of their portfolio involves coiled tubing services. These include fracturing and acidizing, well cleanouts, milling, high-pressure jetting, and nitrogen gas lifting. The company leverages in-house engineering expertise and purpose-built tools, including e-coil technology, to enhance production and perform critical well interventions. Furthermore, Trican offers a range of well intervention tools, alongside specialized acidizing and fracturing solutions. These services are designed to enhance the output of both production and injection wells, supported by appropriate equipment. Established in 1979, Trican Well Service Ltd. maintains its corporate headquarters in Calgary, Canada.
Trican Well Service Ltd. is most often compared with the following Energy names: