TSE:TCW

Trican Well Service Ltd. (TCW.TO)

7.82
+0.03 (0.32%)
as of Jun 4, 2026, 7:15:10 pm Market Open.
204 watching
0
Investor Insights
star iconJun 4, 2026, 12:00 am

This summary was created by AI, based on 7 opinions in the last 12 months.

Trican Well Service Ltd. (TCW-T) has garnered positive attention from various experts in the energy services sector. Analysts highlight the company's strong market position as Canada's largest pressure-pumping and fracking company, particularly in the Montney and Duvernay Basins. The firm's recent acquisition has been viewed as synergistic and strategically significant, with expectations for increased activity in the Western Canada Sedimentary Basin, driven by new LNG terminal developments. Despite the company's performance being marked by volatility, its modernized equipment, stock buybacks, and reinstated dividends suggest a constructive outlook. However, the energy services sector remains challenging, with potential pressures on margins due to competitive pricing strategies in cyclical downturns. Overall, the sentiment is optimistic regarding the company's growth potential and financial performance.

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Consensus
Positive
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Valuation
Undervalued
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BUY
(Market Call Minute.) Great geographic diversification and good earnings stream.
BUY
Due to new technology we are finding tones of gas in oil shales. We have an over supply of gas. They have the greatest earnings leverage to what is going on.
HOLD
Underlying fundamentals of fracing is extremely sound. Chatter is that Q3 will be exceptionally strong and well above consensus estimates. Stock could have a pop. There are concerns about an oversupply of frac equipment next year. Ride it out going through the Q2 earnings and then Sell.
TOP PICK
One of the big pressure pumpers in Canada offering services to the oil/gas business. Horizontal drilling needs big pressure pumping capacity.
PAST TOP PICK
(Top Pick Mar 17/09, Up 118.4%) Building a great business in Russia in well services.
PAST TOP PICK
(A Top Pick June 3/08. Down 52.86%. Has moved to a different investment firm.) Sold his holdings at $18 so would have been down 22.4%.
PAST TOP PICK
(A Top Pick June 3/08. Down 57.94 %.) This was based on an oil price that he thought was going to stay stable and better natural gas prices. Too early to invest in this group right now. If you own, Sell for tax losses.
DON'T BUY
Challenge is a lot of Natural Gas wells are either being shut in or not being drilled. Earnings expected to drop this year.
TOP PICK
Well services. This is a play on the great recovery of oil prices and stocks. Located in Russia, US and Canada and very successfully. Contrarian play. 1.5% yield.
WAIT
2nd quarter will be coming out soon and will be very ugly. 2nd quarter for the drillers in Canada is always bad. Shale plays need a lot of fraqing so these companies will be extremely busy for years to come. Outlook is outstanding. Wait for the 2nd quarter.
TOP PICK
Pressure pumping and fracking. Oil drilling in Western Canada will be very strong next year as there are a lot of resource plays. Expecting earnings to go up.
BUY
Numbers for the first quarter were not good but would hope the numbers over the remaining year would be good.
BUY
(Market Call Minute.) A tremendous company and also has brilliance in Russia.
HOLD
This is base building and is re-testing its $18 level.
PARTIAL BUY
Have fairly substantial Russian operations in Siberia. There is some potential for political risk, but Russia is going great guns. US has continued having pretty good levels of drilling. He is not terribly bullish on Canadian oil services stocks in general but this is one you could start with.
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