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Trican Well Service TCW.TO · CAD

Energy · Toronto Stock Exchange · 🇨🇦 Canada

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6.24

+0.32%

Close of 9 Nov 2026, in CAD

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About Trican Well Service

Its shares trade on Toronto Stock Exchange under the ticker TCW.TO. It has been listed since 9 December 1996. In the fiscal year to 31 December 2025, it reported revenue of C$1.10bn and net income of C$112.2m. At that date it held total assets of C$1.01bn and shareholders' equity of C$695.9m.

Trican Well Service Ltd. engages in the provision of products, equipment, services, and technology used in drilling, completion, stimulation, and reworking of oil and gas wells primarily through its continuing pressure pumping operations in Canada. The company is headquartered in Calgary, Alberta. The firm provides an array of specialized products, equipment, services and technology for use in the drilling, completion, stimulation and reworking of oil and gas wells in Canada, the United States, Kazakhstan, Russia and Norway, as well as limited operations in Saudi Arabia and Colombia. The firm operates through three divisions: Canada, the United States and International. The Canadian operations provide cementing, fracturing, coiled tubing, nitrogen, geological, acidizing, reservoir management, industrial cleaning and pipeline, and completion systems and downhole tool services. The United States operations provide cementing, fracturing, coiled tubing, nitrogen, acidizing and completion systems and downhole tool services. The International operations provide cementing, fracturing, coiled tubing, acidizing, nitrogen, and completion systems and downhole tool services.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Energy Equipment & Services
Listed since
9 Dec 1996
Employees
1,955

Leadership

Pay as last reported

  • Mr. Thomas AlfordIndependent Chairman of the BoardC$248,500
  • Mr. Bradley FedoraPresident, Chief Executive Officer, Director, since 2017C$4.0m
  • Mr. Scott MatsonChief Financial OfficerC$1.8m
  • Mr. Todd ThueChief Operating OfficerC$2.2m
  • Dr. Chika OnwuekweVice President - Legal, General Counsel and Corporate SecretaryC$923,991
  • Mr. Brian LaneVice President of Sales and MarketingC$898,265
  • Mr. Tom CoolenDirector
  • Ms. Trudy CurranIndependent DirectorC$176,005
  • Mr. Michael McnultyIndependent DirectorC$180,532
  • Mr. Stuart O'ConnorIndependent DirectorC$163,532
  • Ms. Deborah SteinIndependent DirectorC$174,032

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
42
Environment
46
Social
50
Governance
30
Direct emissions (scope 1)
155,322 t
Energy emissions (scope 2)
3,400 t
Women in the workforce
7%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Trican Well Service Ltd has a strong market presence and brand recognition in the oil and gas industry.
  • The company has a diverse range of products and services, allowing it to cater to various customer needs.
  • Trican has a skilled and experienced workforce, enabling the delivery of high-quality and efficient services.

Weaknesses

  • Trican is highly dependent on the oil and gas industry, making it vulnerable to fluctuations in oil prices and market conditions.
  • The company's operations are concentrated in certain geographic regions, limiting its market reach.
  • Trican faces strong competition from other well service providers, which can impact its market share and profitability.

Opportunities

  • The increasing demand for renewable energy sources presents an opportunity for Trican to diversify its services and tap into the growing renewable energy market.
  • Expansion into international markets can help Trican reduce its reliance on the domestic oil and gas industry and access new revenue streams.
  • Investing in research and development to innovate new technologies and solutions can give Trican a competitive edge in the market.

Threats

  • Environmental regulations and concerns regarding carbon emissions pose a threat to Trican's operations in the oil and gas sector.
  • Economic downturns and geopolitical instability can result in a decline in oil and gas exploration and production activities, impacting Trican's business.
  • The emergence of substitute energy sources and technologies may reduce the demand for traditional oil and gas services, affecting Trican's market share.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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