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1 Comment
Trican Well Service Ltd is currently in a long term uptrend where the price is trading 37.1% above its 200 day moving average.
From a valuation standpoint, the stock is 98.4% cheaper than other stocks from the Energy sector with a price to sales ratio of 1.4.
Trican Well Service Ltd's total revenue sank by 28.8% to $103M since the same quarter in the previous year.
Its net income has dropped by 19.7% to $-25M since the same quarter in the previous year.
Finally, its free cash flow grew by 469.6% to $19M since the same quarter in the previous year.
Based on the above factors, Trican Well Service Ltd gets an overall score of 3/5.
Exchange | F |
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CurrencyCode | EUR |
ISIN | CA8959451037 |
Sector | Energy |
Industry | Oil & Gas Equipment & Services |
PE Ratio | 7.59 |
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Target Price | 3.83 |
Dividend Yield | 5.0% |
Beta | 1.08 |
Market Cap | 491M |
Trican Well Service Ltd., an equipment services company, provides various products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada. It offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, cement design, and laboratory solutions, as well as surface, intermediate, production, liner, horizontal, and remedial/squeeze cementing services. The company also provides hydraulic fracturing solutions, such as friction reducers, crosslinked gels, energized foam systems, visco-elastic systems, and high-rate nitrogen for coal bed methane fracturing and gelled hydrocarbons, as well as dissolvable ball sealers and diverting agents; and coiled tubing solutions comprising milling services, including fracturing plugs and ports, stage tool/debris subs, cement milling, and confirmation runs; coiled tubing fracturing; e-coil; in-house engineering; and acidizing and production enhancement services. In addition, it offers fracture acidizing and production enhancement services that include restore well performance blockages from inorganic scales, emulsions, drilling mud, formation fines, clays, and organic deposits; nitrogen services; and engineering support, reservoir and laboratory services. Further, the company sells chemical products. Trican Well Service Ltd. was incorporated in 1979 and is headquartered in Calgary, Canada.
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