TSX

Trican Well Service Ltd.

TCW.TO•Energy•Oil & Gas Equipment & Services
Current Price
$6.69
Today's Change
+2.45%
Market Cap
$1.37B
Volume
183.07K
🛢️

Commodity Exposure

Crude Oil

Current Price
$102.30/barrel
+2.85% today
💡

Industry Context

Energy companies are highly sensitive to oil prices. Every $10/barrel change can impact operating margins by 15-25%.

Price updated: Oct 23, 2026, 03:00 PM

💡 Quick Take

Trican Well Service Ltd. provides specialized products and services for the oil and gas drilling and completion sectors. While the company has a solid liquidity position with a current ratio of 1.77 and no debt, it faces concerns with low profitability, evidenced by a net margin of -1.1% and negative returns on equity and assets. The gross margin of 6.3% is relatively low, raising questions about its pricing power and operational efficiency. Overall, the company shows potential but needs to improve its profitability metrics to enhance investor confidence.

Based on 27 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$8.40
52 Week Low$5.19
Avg Volume823.65K
Beta0.49
Shares Outstanding209.33M

🔥 Valuation

Market Cap$1.37B
Enterprise Value$1.42B
P/E Ratio15.23
EV/EBITDA ⚠️4.71x
Dividend Yield3.32%

Loading financial metrics...

🚩 Red Flags

✅

No significant red flags identified

This company appears financially healthy on available metrics

🌟 Opportunities

💪

Strong revenue growth of 20.4% YoY indicates solid business momentum.

🚀

Gross margin expanded by 5.3 percentage points, indicating improved pricing power or cost efficiency.

🚀

Operating cash flow of $233.5M exceeds net income by 163%, indicating high-quality earnings with strong cash conversion.

💪

Strong cash flow conversion with 20.0% of revenue converting to operating cash.

🚀

Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

Want the Complete Picture?

Valuation, risk assessment, competitive positioning, and key insights — all in one report.

Free account:3 reports remaining

Recent Developments

Loading news...

Similar companies

Other Oil & Gas Equipment & Services companies of a similar size