Trican Well Service Ltd. (“Trican”) released its Fourth Quarter 2022 results on Wednesday, February 22, 2023 after the close of the market. The Company hosted a conference call on Thursday, February 23, 2023 at 10:00 a.m. MT (12:00 p.m. ET) to discuss the Company’s results for the Fourth Quarter 2022.
Trican is oil sensitive.
Trend Bearish
short
Possible...
Bullish thesis around this company revolves around the continuing pick up in drilling and well activities throughout alberta, saskatchewan leading to increases demand for their services which they have already talked about in most recent earnings filed.
They also highlighted having issues finding enough workers to fill all of the demand they are getting.
