Trican Well (TSE:TCW) has released an update.
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Trican Well Service Ltd. has announced its first quarter results for 2024, revealing an 8% decrease in revenue due to lower natural gas prices, while maintaining a strong balance sheet with $174.5 million in positive working capital. The company reported a profit of $41.2 million and continues to lead with the newest fleet of technologically advanced fracturing equipment in Canada, aimed at reducing fuel costs and emissions.
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