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Trican Well Service Ltd.TSX:TCW Stock Report

Market Cap CA$1.4b
Share Price
n/a
1Y47.7%
7D-5.2%
1D-1.6%
Portfolio Value
View

Trican Well Service Ltd.

TSX:TCW Stock Report

Market Cap: CA$1.4b

Trican Well Service (TCW) Stock Overview

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. More details

TCW fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends3/6

TCW Community Fair Values

Create Narrative

See what 37 others think this stock is worth. Follow their fair value or set your own to get alerts.

Trican Well Service Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Trican Well Service
Historical stock prices
Current Share PriceCA$6.63
52 Week HighCA$8.40
52 Week LowCA$4.42
Beta0.49
1 Month Change-11.13%
3 Month Change-10.89%
1 Year Change47.66%
3 Year Change87.82%
5 Year Change151.14%
Change since IPO1,271.72%

Recent News & Updates

Narrative Update Jun 17

TCW: Higher Price Range And Buybacks Will Support Future Upside Potential

Analysts lifted their average price target on Trican Well Service to CA$8.50 from CA$7.50, citing updated assumptions around discount rates, revenue growth and profitability that are reflected in recent research moves from RBC Capital, TD Securities and others. Analyst Commentary Recent Street research on Trican Well Service points to a mix of optimism and caution, with several firms adjusting their price targets and recommendations as they refine assumptions on revenue, profitability and risk.
Narrative Update Jun 02

TCW: Higher Price Range And Buybacks Will Support A Constructive Outlook

Analysts have raised their average price target for Trican Well Service to about CA$8.46 from roughly CA$7.79. They cite updated views on discount rates, revenue growth, profit margins, and future P/E multiples, along with recent price target increases from several firms clustered around CA$8 to CA$8.50.
Analysis Article May 15

Trican Well Service Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

It's been a pretty great week for Trican Well Service Ltd. ( TSE:TCW ) shareholders, with its shares surging 14% to...

Recent updates

Narrative Update Jun 17

TCW: Higher Price Range And Buybacks Will Support Future Upside Potential

Analysts lifted their average price target on Trican Well Service to CA$8.50 from CA$7.50, citing updated assumptions around discount rates, revenue growth and profitability that are reflected in recent research moves from RBC Capital, TD Securities and others. Analyst Commentary Recent Street research on Trican Well Service points to a mix of optimism and caution, with several firms adjusting their price targets and recommendations as they refine assumptions on revenue, profitability and risk.
Narrative Update Jun 02

TCW: Higher Price Range And Buybacks Will Support A Constructive Outlook

Analysts have raised their average price target for Trican Well Service to about CA$8.46 from roughly CA$7.79. They cite updated views on discount rates, revenue growth, profit margins, and future P/E multiples, along with recent price target increases from several firms clustered around CA$8 to CA$8.50.
Analysis Article May 15

Trican Well Service Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

It's been a pretty great week for Trican Well Service Ltd. ( TSE:TCW ) shareholders, with its shares surging 14% to...
Narrative Update Apr 30

TCW: Buybacks And Mixed Rating Changes Will Shape A Measured Outlook

Analysts have nudged their average price target on Trican Well Service higher, with the latest updates, including lifts to CA$7 and an increase of CA$1.25 in recent research, tied to refined views on discount rates, revenue growth, profit margins, and future P/E assumptions. Analyst Commentary Recent research on Trican Well Service reflects a mix of optimism around valuation support and execution, alongside fresh caution after a downgrade.
Narrative Update Apr 12

TCW: Higher C$7 Outlook And Completed Buybacks Will Shape Balanced Future

Analysts have lifted their average price target for Trican Well Service to about CA$7.79 from roughly CA$7.61. They cite updated assumptions around revenue growth, profit margins and P/E multiples, supported by recent CA$0.50 to CA$1.25 target increases from the Street.
Narrative Update Mar 29

TCW: Higher C$7 Outlook And Recent Buybacks Will Support Balanced Future

Analysts have adjusted their price target on Trican Well Service to CA$7.00 from CA$6.50, reflecting updated views that are incorporated into the slight changes in discount rate and forward P/E assumptions in the valuation model. Analyst Commentary Recent research reflects a modestly higher valuation framework for Trican Well Service, with the price target set at CA$7.00 and a Market Perform rating maintained.
Narrative Update Mar 11

TCW: Refreshed Price Views And Buybacks Will Support Balanced Future Outlook

Analysts have raised their price target on Trican Well Service to CA$7.00 from CA$6.50. This reflects updated assumptions on fair value, discount rate, profit margin, revenue growth, and future P/E multiples.
Narrative Update Feb 25

TCW: Buybacks And Stable P E Will Support Constructive Future Outlook

Analysts have raised their price target on Trican Well Service to CA$7 from CA$6.50, citing updated assumptions regarding fair value, discount rate, revenue growth, profit margins, and future P/E expectations. Analyst Commentary Recent research points to a more constructive stance on Trican Well Service, with the higher CA$7 price target reflecting updated assumptions rather than a change in rating.
Narrative Update Feb 10

TCW: Fair Outlook Will Balance Steady Assumptions With Stable Future P E

Analysts have kept their price target for Trican Well Service effectively unchanged at about $7.04, reflecting only minor tweaks to their discount rate and long term assumptions for revenue growth, profit margin and future P/E, rather than a shift in their overall view of the stock. Valuation Changes Fair Value: Fair value remains effectively unchanged at about CA$7.04 per share, suggesting the overall valuation view is steady.
Analysis Article Feb 05

Trican Well Service Ltd.'s (TSE:TCW) Shares Bounce 27% But Its Business Still Trails The Market

Trican Well Service Ltd. ( TSE:TCW ) shares have continued their recent momentum with a 27% gain in the last month...
Narrative Update Jan 27

TCW: Fair Outlook Will Balance Cautious Forecasts With Higher Future P E

Analysts have modestly raised their price target on Trican Well Service, pointing to small shifts in fair value, discount rate assumptions, revenue growth expectations, profit margin forecasts, and a higher future P/E as the key drivers behind the change. Valuation Changes Fair Value: Adjusted slightly higher from 6.875 to 7.036, reflecting a modest change in the underlying valuation estimate.
Analysis Article Dec 13

Trican Well Service Ltd.'s (TSE:TCW) Shares Lagging The Market But So Is The Business

With a price-to-earnings (or "P/E") ratio of 11.5x Trican Well Service Ltd. ( TSE:TCW ) may be sending bullish signals...
Analysis Article Nov 05

We Think That There Are More Issues For Trican Well Service (TSE:TCW) Than Just Sluggish Earnings

Investors were disappointed by Trican Well Service Ltd.'s ( TSE:TCW ) latest earnings release. We did some further...
Analysis Article Nov 03

Trican Well Service (TSE:TCW) Is Due To Pay A Dividend Of CA$0.055

The board of Trican Well Service Ltd. ( TSE:TCW ) has announced that it will pay a dividend on the 31st of December...
Narrative Update Oct 30

Share Buyback Program And LNG Demand Will Drive Future Expansion

Trican Well Service’s analyst price target has been increased from $6.64 to $6.88. Analysts cite improved revenue growth projections, despite slightly lower margin expectations.
Analysis Article Oct 24

Trican Well Service (TSE:TCW) Could Become A Multi-Bagger

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Aug 28

Trican Well Service's (TSE:TCW) Dividend Will Be Increased To CA$0.055

The board of Trican Well Service Ltd. ( TSE:TCW ) has announced that it will be paying its dividend of CA$0.055 on the...
Analysis Article Jul 09

Trican Well Service Ltd. (TSE:TCW) Soars 27% But It's A Story Of Risk Vs Reward

Despite an already strong run, Trican Well Service Ltd. ( TSE:TCW ) shares have been powering on, with a gain of 27% in...
Analysis Article May 17

Trican Well Service (TSE:TCW) Is Due To Pay A Dividend Of CA$0.05

Trican Well Service Ltd.'s ( TSE:TCW ) investors are due to receive a payment of CA$0.05 per share on 30th of June...
Analysis Article May 16

Results: Trican Well Service Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates

It's been a good week for Trican Well Service Ltd. ( TSE:TCW ) shareholders, because the company has just released its...
User avatar
New Narrative Mar 13

Electrification And Technology Initiatives Will Reduce Costs And Improve Efficiency

Investments in electrification and tech modernization are set to boost margins and earnings through enhanced efficiency and cost reduction initiatives.
Analysis Article Mar 04

Trican Well Service's (TSE:TCW) Dividend Will Be Increased To CA$0.05

Trican Well Service Ltd. ( TSE:TCW ) will increase its dividend from last year's comparable payment on the 31st of...
Analysis Article Feb 21

Investors Should Be Encouraged By Trican Well Service's (TSE:TCW) Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Nov 03

Trican Well Service (TSE:TCW) Is Due To Pay A Dividend Of CA$0.045

Trican Well Service Ltd.'s ( TSE:TCW ) investors are due to receive a payment of CA$0.045 per share on 31st of...
Analysis Article Sep 07

Calculating The Fair Value Of Trican Well Service Ltd. (TSE:TCW)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Trican Well Service fair value estimate is CA$5.52 Trican Well...
Analysis Article Aug 01

Trican Well Service Ltd. Just Recorded A 85% EPS Beat: Here's What Analysts Are Forecasting Next

As you might know, Trican Well Service Ltd. ( TSE:TCW ) just kicked off its latest quarterly results with some very...
Analysis Article Jun 11

Returns on Capital Paint A Bright Future For Trican Well Service (TSE:TCW)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Analysis Article May 21

Trican Well Service's (TSE:TCW) Dividend Will Be CA$0.045

Trican Well Service Ltd. ( TSE:TCW ) will pay a dividend of CA$0.045 on the 28th of June. This makes the dividend yield...
Analysis Article Mar 01

Trican Well Service's (TSE:TCW) Dividend Will Be Increased To CA$0.045

Trican Well Service Ltd. ( TSE:TCW ) has announced that it will be increasing its periodic dividend on the 29th of...
Analysis Article Feb 03

If EPS Growth Is Important To You, Trican Well Service (TSE:TCW) Presents An Opportunity

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Nov 10

Shareholders Would Enjoy A Repeat Of Trican Well Service's (TSE:TCW) Recent Growth In Returns

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Analysis Article Sep 16

Trican Well Service Ltd. (TSE:TCW) Shares Could Be 49% Below Their Intrinsic Value Estimate

Key Insights The projected fair value for Trican Well Service is CA$9.25 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Aug 04

Trican Well Service (TSE:TCW) Is Achieving High Returns On Its Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Shareholder Returns

TCWCA Energy ServicesCA Market
7D-5.2%-1.0%-0.4%
1Y47.7%47.4%30.4%

Return vs Industry: TCW matched the Canadian Energy Services industry which returned 47.4% over the past year.

Return vs Market: TCW exceeded the Canadian Market which returned 30.4% over the past year.

Price Volatility

Is TCW's price volatile compared to industry and market?
TCW volatility
TCW Average Weekly Movement5.9%
Energy Services Industry Average Movement7.1%
Market Average Movement9.7%
10% most volatile stocks in CA Market16.4%
10% least volatile stocks in CA Market3.7%

Stable Share Price: TCW has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: TCW's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19791,673Brad Fedoratricanwellservice.com

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. The company offers hydraulic fracturing solutions, including slick water and high-viscosity friction reducer and guar alternatives fluid systems, other systems, dissolvable ball sealers and diverting agents, logistical and laboratory solutions, fracture design, and minifrac test and analysis, as well as sand, resin coated sand, and ceramic proppants. It also provides cementing solutions, such as 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; and acidizing solutions comprising fracture acidizing and production enhancement, formation damage, scales, emulsions, and organic deposits.

Trican Well Service Ltd. Fundamentals Summary

How do Trican Well Service's earnings and revenue compare to its market cap?
TCW fundamental statistics
Market capCA$1.39b
Earnings (TTM)CA$110.60m
Revenue (TTM)CA$1.17b
12.6x
P/E Ratio
1.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TCW income statement (TTM)
RevenueCA$1.17b
Cost of RevenueCA$846.90m
Gross ProfitCA$320.49m
Other ExpensesCA$209.89m
EarningsCA$110.60m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.53
Gross Margin27.45%
Net Profit Margin9.47%
Debt/Equity Ratio4.4%

How did TCW perform over the long term?

See historical performance and comparison

Dividends

3.3%
Current Dividend Yield
39%
Payout Ratio

Does TCW pay a reliable dividends?

See TCW dividend history and benchmarks
When do you need to buy TCW by to receive an upcoming dividend?
Trican Well Service dividend dates
Ex Dividend DateJun 15 2026
Dividend Pay DateJun 30 2026
Days until Ex dividend13 days
Days until Dividend pay date2 days

Does TCW pay a reliable dividends?

See TCW dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/28 02:09
End of Day Share Price 2026/06/26 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Trican Well Service Ltd. is covered by 24 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tim MonachelloATB Cormark
Brent WatsonATB Cormark Historical (Cormark Securities)
James WestBarclays