Trican Well Service (TCW) Stock Price, News & Analysis

Company Overview

Trican Well Service Ltd., an equipment services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily in Canada. The company offers cementing solutions, including 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 services. It also provides hydraulic fracturing solutions, such as friction reducers, crosslinked gels, energized foam systems, visco-elastic systems, and high-rate nitrogen for coal bed methane fracturing and gelled hydrocarbons, as well as dissolvable ball sealers and diverting agents; and coiled tubing solutions comprising milling services, including fracturing plugs and ports, stage tool/debris subs, cement milling, and confirmation runs; coiled tubing fracturing; e-coil; in-house engineering; and acidizing and production enhancement services. In addition, the company offers fracture acidizing and production enhancement services that include restore well performance blockages from inorganic scales, emulsions, drilling mud, formation fines, clays, and organic deposits; nitrogen services; and engineering support, reservoir expertise, and laboratory services, as well as engages in the chemical sales. Trican Well Service Ltd. was incorporated in 1979 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$4.94 to C$4.99
• 50-Day Range: C$4.29 to C$5.04
• 52-Week Range: C$3.79 to C$5.24
• Volume: 233,729 shs
• Average Volume: 691,665 shs
• Market Capitalization: C$953.94 million
• P/E Ratio: 8.72
• Dividend Yield: 3.62%
• Price Target: C$5.57
• Consensus Rating: Moderate Buy

Trican Well Service Stock Analysis - MarketRank™

Trican Well Service scored higher than 67% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Trican Well Service has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Trican Well Service has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Trican Well Service is 8.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of Trican Well Service is 8.72, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 110.85.

Price to Earnings Growth Ratio

Trican Well Service has a PEG Ratio of 0.22. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Trican Well Service has a P/B Ratio of 1.94. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for TCW.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Trican Well Service is a leading dividend payer. It pays a dividend yield of 3.89%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Trican Well Service does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Trican Well Service is 31.58%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for TCW.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.14

News Sentiment

Trican Well Service has a news sentiment score of 1.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Trican Well Service this week, compared to 1 article on an average week.

MarketBeat Follows

Only 1 people have added Trican Well Service to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Trican Well Service insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$43,419.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

Only 0.62% of the stock of Trican Well Service is held by insiders.

Percentage Held by Institutions

Only 26.78% of the stock of Trican Well Service is held by institutions.

TCW Stock Analysis - Frequently Asked Questions

How have TCW shares performed this year?

Trican Well Service's stock was trading at C$4.12 on January 1st, 2024. Since then, TCW shares have increased by 20.6% and is now trading at C$4.97.
View the best growth stocks for 2024 here.

How do I buy shares of Trican Well Service?

Shares of TCW stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Trican Well Service own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Trican Well Service investors own include Calfrac Well Services (CFW), Tesla (TSLA), Aurora Cannabis (ACB), Precision Drilling (PD), Whitecap Resources (WCP), Baytex Energy (BTE) and Bombardier, Inc. Class B (BBD.B).

Company Calendar

• Ex-Dividend for 9/30 Dividend: 9/13/2024
• Dividend Payable: 9/30/2024
• Today: 11/22/2024
• Ex-Dividend for 12/31 Dividend: 12/13/2024
• Dividend Payable: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas Equipment & Services
• Sub-Industry: N/A
• Current Symbol: TSE:TCW
• CUSIP: N/A
• CIK: N/A
• Web: www.trican.ca
• Phone: +1-403-2660202
• Fax: N/A
• Employees: 1,195
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$5.57
• High Stock Price Target: C$6.50
• Low Stock Price Target: C$4.75
• Potential Upside/Downside: +12.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.57
• Trailing P/E Ratio: 8.72
• Forward P/E Ratio: N/A
• P/E Growth: 0.22
• Net Income: C$122.54 million
• Net Margins: 12.36%
• Pretax Margin: N/A
• Return on Equity: 24.57%
• Return on Assets: 15.84%

Debt

• Debt-to-Equity Ratio: 3.90
• Current Ratio: 2.60
• Quick Ratio: 1.75

Sales & Book Value

• Annual Sales: C$991.15 million
• Price / Sales: 0.96
• Cash Flow: C$0.06 per share
• Price / Cash Flow: 84.77
• Book Value: C$2.56 per share
• Price / Book: 1.94

Miscellaneous

• Outstanding Shares: 191,940,000
• Free Float: N/A
• Market Cap: C$953.94 million
• Optionable: Not Optionable
• Beta: 1.73