Trican
Highly Engaged Employees
Highly Engaged EmployeesEnergy, Utilities & Waste · Canada · 1K - 5K Employees
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Overview
Headquarters
645 7 Ave SW 2900, Calgary, Alberta, T2P...Phone Number
(403) 266-0202Website
www.tricanwellservice.comRevenue
$733.5 MillionStock Symbol
TCWIndustry
ZI Rank: 9
Signal Type
Mar
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ZI Rank
6
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About Trican
Trican Well Service was founded in 1979 and is headquartered in Calgary, Alberta, Trican has operations in Canada, the United States, Russia, Kazakhstan, Australia and North Africa. Trican provides a comprehensive array of specialized products, equipment and services that are used during the exploration and development of oil and gas reserves.Explore more
Trican Org Chart
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Company Profile Activity
Activity Insights
Trican is experiencing very low activity levels compared to other companies in the Energy, Utilities & Waste sector.
What does this means?
Trican is drawing exceptional interest within the Energy, Utilities & Waste industry, suggesting notable developments or strong market momentum, learn more about Trican.
Trican Tech Stack
A closer look at the technologies used by Trican
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Most Recent Scoops
Earnings
Trican has announced a dividend of CAD 0.055 per share, representing approximately CAD 11.5 million in aggregate return to shareholders, payable on September 30, 2026, to shareholders of record as of September 15, 2026, designated as eligible dividends for Canadian tax purposes.
Finance, Financial Transactions
Earnings
Trican has reported a net loss of CAD 2.3 million, or CAD 0.01 per share on both a basic and fully diluted basis, for Q2 2026, compared to net earnings of CAD 19.5 million, or CAD 0.11 per share, in Q2 2025, with the decline further impacted by higher depreciation and amortization costs associated with Iron Horse, technology initiative expenses, and increased share-based compensation costs.
Earnings, Finance, Financial Operations
Earnings
expects its Iron Horse division to perform well in the second half of 2026, supported by favorable oil pricing with crack spreads exceeding CAD 70, which provides significant incentive for operators to develop oil plays, alongside increasing well intensity trends including growing stages and sand volumes.
Business Finance, Finance
Project
allocated CAD 20.8 million in capital expenditures during Q2 2026, comprising CAD 9.5 million in maintenance capital and CAD 11.3 million in upgrade capital, with upgrade investments directed primarily toward the electrification of its fourth set of ancillary frack support equipment and the construction of Canada's first 100% natural gas-fueled continuous heavy-duty hydraulic fracturing fleet.
Spending/Investment, Construction, Facilities Maintenance, Oil & Gas
Earnings
Share Placement, Finance
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Frequently Asked Questions Regarding Trican
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Trican Well Service was founded in 1979 and is headquartered in Calgary, Alberta, Trican has operations in Canada, the United States, Russia, Kazakhstan, Australia and North Africa. Trican provides a comprehensive array of specialized products, equipment and services that are used during the exploration and development of oil and gas reserves.... Read More
