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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 |
|---|---|
| CurrencyCode | EUR |
| ISIN | CA8959451037 |
| Sector | Energy |
| Industry | Oil & Gas Equipment & Services |
| PE Ratio | 12.39 |
|---|---|
| Target Price | 3.83 |
| Beta | 0.62 |
| Dividend Yield | 4.8% |
| Market Cap | 953M |
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. The company offers hydraulic fracturing solutions, including slick water and high-viscosity friction reducer and guar alternatives fluid systems, other systems, dissolvable ball sealers and diverting agents, logistical and laboratory solutions, fracture design, and minifrac test and analysis, as well as sand, resin coated sand, and ceramic proppants. It also provides cementing solutions, such as 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; and acidizing solutions comprising fracture acidizing and production enhancement, formation damage, scales, emulsions, and organic deposits. In addition, the company offers coiled tubing solutions, which include coiled tubing fracturing, e-coil, in-house engineering, and acidizing and production enhancement, as well as milling, such as fracturing plugs and ports, stage tool/debris sub, cement milling, and confirmation runs; technical solutions comprising lab services; and iron horse energy services. Further, it provides nitrogen services; and sells chemicals. The company was formerly known as Trican Oilwell Service Co. Ltd. and changed its name to Trican Well Service Ltd. in June 1997. Trican Well Service Ltd. was incorporated in 1979 and is headquartered in Calgary, Canada.
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