Trican Well Service Ltd. provides oil and natural gas well-servicing equipment and solutions in Western Canada through the drilling, completion and production cycles. Its reported service lines include hydraulic fracturing, cementing, coiled tubing, nitrogen services, chemical sales, engineering support, reservoir expertise and laboratory services.
Company news commonly covers quarterly and annual results, operating activity in Canadian oilfield services, dividend declarations, capital budgets, equipment modernization, credit-facility updates and earnings conference calls. Updates also reference the company's role as a Canadian pressure-pumping service provider and its investment in service reliability across its operating divisions.
Trican Well Service (OTC:TOLWF) reported Q1 2026 revenue of $330.3 million, up from $259.1 million in Q1 2025. Adjusted EBITDA was $70.1 million versus $61.3 million, with free cash flow of $49.6 million.
Profit was $30.3 million, slightly below $31.9 million a year earlier, mainly due to higher share-based compensation, technology initiative expenses and Iron Horse-related depreciation. Net debt fell to $29.8 million from $79.9 million at year-end 2025. The board declared a $0.055 per share quarterly dividend, a 10% increase year over year, payable June 30, 2026. Trican also repurchased 756,900 shares under its NCIB in Q1 and approved a $122 million 2026 capital budget, including growth investments in a 100% natural gas-fueled fracturing fleet and ongoing fleet and technology modernization.
Trican Well Service Ltd (TOLWF) will release First Quarter 2026 results on May 11, 2026 after market close and host a conference call on May 12, 2026 at 10:00 a.m. MT (12:00 p.m. ET).
Investors can listen via webcast at https://www.gowebcasting.com/14621 or visit the investor site at www.tricanwellservice.com/investors. To ask questions, dial 1-800-715-9871 (Canada/US) or 1-647-932-3411 (international) and reference ID 7426571. The call will be archived on the investor website.
Trican Well Service (TOLWF) has rescheduled its previously announced Fourth Quarter 2025 results conference call to Friday, February 20, 2026 at 10:00 a.m. MT (12:00 p.m. ET) due to technical difficulties.
The company released Fourth Quarter 2025 results on February 18, 2026 as planned. A live webcast will be available at the provided URL and the call will be archived on Trican's investor website.
Trican (TOLWF) reported 2025 results: revenue $1,096.2M (up 12% YoY) and profit $112.2M. Adjusted EBITDAS was $251.7M and free cash flow $149.4M. The board approved a quarterly dividend of $0.055 per share (10% increase).
The company closed an Acquisition (Aug 27, 2025) for $77.25M cash plus 33.76M Trican shares, increased net debt to $79.9M, and repurchased ~12.15M shares in 2025 under NCIB programs.
Trican Well Service Ltd (TOLWF) will release its Fourth Quarter 2025 results on Wednesday, February 18, 2026 after market close.
The company will host a conference call on Thursday, February 19, 2026 at 10:00 a.m. MT (12:00 p.m. ET) to discuss the results. A live webcast is available at https://www.gowebcasting.com/14524 and the event will be archived on the investor website at www.tricanwellservice.com/investors.
To join the Q&A by phone, call the operator at 1-800-770-2030 (Canada/US) or 1-647-362-9199 (international) about 10 minutes before the call and request the "Trican Well Service Ltd. Fourth Quarter 2025 Earnings Results Conference Call."
Trican Well Service Ltd. (TOLWF) announced an amendment to its Revolving Credit Facility on December 5, 2025 that expands the facility from $150 million to $200 million and extends the maturity by two years to a new date of December 5, 2028.
The expanded RCF is described as enhancing the company's financial flexibility to support operations and strategic growth initiatives and is presented as reflecting a strong financial position and commitment to long-term stakeholder value.
Trican Well Service Ltd. (TOLWF) announced a $122 million capital budget for 2026 focused on disciplined maintenance and targeted growth across its four divisions. The plan prioritizes reliability and efficiency while allocating approximately $40 million to build Canada’s first 100% natural gas fueled, continuous, heavy-duty hydraulic fracturing fleet. That fleet is expected to be field ready in the second half of 2026. The budget emphasizes maintenance capital to sustain equipment performance and includes modernization investments intended to position Trican for future opportunities and long-term shareholder value.
Trican (TOLWF) reported Q3 2025 results and declared a quarterly dividend of $0.055 per share payable Dec 31, 2025 to holders of record on Dec 12, 2025. Revenue for Q3 2025 was $300.6 million and adjusted EBITDA was $59.5 million. Free cash flow was $35.4 million ($0.19 basic per share). Profit for the quarter was $28.9 million.
The company closed its acquisition of Iron Horse on Aug 27, 2025 for $77.25 million cash plus 33.76 million Trican shares, adding four fracturing spreads and 10 coiled tubing units. Net debt was $130.6 million at Sept 30, 2025 and total assets were $1,043.3 million. The board renewed NCIB activity and paid dividends designated as eligible for Canadian tax purposes.
Trican Well Service (TSX: TCW) has scheduled its Third Quarter 2025 earnings release for October 28, 2025 after market close. The company will host a conference call to discuss the results on October 29, 2025 at 10:00 a.m. MT (12:00 p.m. ET).
Investors can access the webcast through the company's website or directly via the provided webcast link. For those wanting to participate in the Q&A session, dial-in numbers are available for both North American (1-833-752-3868) and international (1-647-849-3056) callers. The conference call recording will be archived on Trican's investor relations website.
Trican Well Service (TSX: TCW) has received TSX approval to renew its Normal Course Issuer Bid (NCIB) program for 2025-2026. The program allows Trican to purchase up to 18,405,613 Common Shares, representing 10% of the company's public float.
The NCIB will run from October 5, 2025 to October 4, 2026, with a daily purchase limit of 131,393 shares. Under the previous 2024-2025 program, Trican bought back 13.2 million shares for $56.4 million at an average price of $4.27 per share. Since 2017, the company has repurchased 177 million shares, approximately 51% of its then-outstanding shares.