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Trican Well Service ( (TSE:TCW) ) has issued an announcement.
Trican Well Service Ltd. reported its annual results for 2024, highlighting a marginal revenue increase to $980.8 million despite low natural gas prices, and a decrease in profit to $109.5 million. The company announced an 11% increase in its quarterly dividend, indicating strong financial health with a positive balance sheet, despite a reduction in cash reserves due to tax liabilities and capital expenditures.
More about Trican Well Service
Trican Well Service Ltd. is a company based in Calgary, Alberta, that operates in the oil and gas industry. The company provides specialized services for well completion, stimulation, and intervention, focusing on enhancing the productivity of oil and gas wells.
YTD Price Performance: -8.61%
Average Trading Volume: 36,794
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $620.4M
Find detailed analytics on TCW stock on TipRanks’ Stock Analysis page.
