Added to YB: 2025-03-26
Pitch date: 2025-03-24
TCW.TO [neutral]
Trican Well Service Ltd.
+29.2%
current return
Author Info
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Company Info
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.
Market Cap
CAD 1.0B
Pitch Price
CAD 4.54
Price Target
N/A
Dividend
3.85%
EV/EBITDA
4.67
P/E
10.57
EV/Sales
1.03
Sector
Energy Equipment and Services
Category
dividend
Monday Delight: 24/03/25 - Trican Well Service Ltd.
TCW.TO (quick overview): Largest Canadian pressure pumping provider. 7/11 crews active. 50% shares repurchased since 2017, 10% NCIB annually + 4% dividend yield. Sold lowest-tier crew for CAD 11M. 14% shareholder yield, unlevered balance sheet. Upside from increased drilling or idle crew sales. P/E 8.5, EV/EBITDA 3.9, EV/FCF 7.7.
Read full article (1 min)