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TRICAN WELL SVC CO LTD - $TOLWF STOCK NEWS

Welcome to our dedicated page for TRICAN WELL SVC CO news (Ticker: $TOLWF), a resource for investors and traders seeking the latest updates and insights on TRICAN WELL SVC CO stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TRICAN WELL SVC CO's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Trican Well Service (TOLWF) plans to announce its First Quarter 2024 results on May 13, 2024, followed by a conference call on May 14, 2024. Investors can access the webcast and participate in the Q&A session to discuss the earnings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
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Rhea-AI Summary
Trican Well Service updates Payment Date for declared dividend to March 28, 2024, maintaining record date of March 15, 2024, and dividend amount per share of $0.045. No other changes from the Initial Press Release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
dividends earnings
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Rhea-AI Summary
Trican Well Service Ltd. reports positive financial results for 2023 with revenue of $972.7 million, an increase of 12% from 2022. Adjusted EBITDA was $235.6 million, up from $188.5 million in 2022. The company returned $112.8 million to shareholders and approved a 12.5% increase in quarterly dividends. Trican's balance sheet remains strong with positive working capital. The company operates the newest fleet of fracturing equipment in Canada, focusing on reducing emissions and fuel costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.3%
Tags
dividends
Rhea-AI Summary
Trican Well Service Ltd. (TSX: TCW) plans to release its Fourth Quarter and Year-End 2023 results on February 21, 2024, followed by a conference call on February 22, 2024, to discuss the results. The webcast of the conference call can be accessed through a URL provided, and the Q&A session can be participated in by calling the conference call operator. The call will be archived on Trican's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.58%
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none
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Rhea-AI Summary
Trican Well Service Ltd. (TSX: TCW) announces the extension and amendment of its revolving credit facility (RCF) with Canadian banks, increasing borrowing capacity to $150 million and extending the maturity date to December 4, 2026. The Amended RCF reflects current market conditions and the company's strong financial position, providing ample liquidity for its existing business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
Tags
none
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Rhea-AI Summary
Trican Well Service Ltd. (TSX: TCW) announced its third quarter results for 2023, reporting a 2% decrease in revenue to $252.5 million, adjusted EBITDAS of $68.5 million, and a preliminary capital budget for 2024 of $76 million. The company also disclosed the renewal of its NCIB program and a quarterly dividend of $0.04 per share, with a distribution to be made on December 29, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.06%
Tags
dividends earnings
Rhea-AI Summary
Trican Well Service Ltd. to release Third Quarter 2023 results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.33%
Tags
-
Rhea-AI Summary
Trican Well Service Ltd. completes its 2022-2023 normal course issuer bid, repurchasing 23,083,554 Common Shares for $77.9 million. The Toronto Stock Exchange accepts its application to renew the NCIB for purchases from October 5, 2023, to October 4, 2024. Trican intends to purchase up to 21,004,897 Common Shares, representing 10% of the public float. The Company will not purchase more than 205,129 Common Shares per trading day. Trican views the NCIB program as an effective method to provide shareholder returns.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.53%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.62%
Tags
dividends earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
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TRICAN WELL SVC CO LTD

OTC:TOLWF

TOLWF Rankings

TOLWF Stock Data

701.41M
206.45M
0.57%
21.75%
Support Activities for Oil and Gas Operations
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Calgary