Trican Well Service Announces 2025 Annual Meeting Results

Trican Well Service ( (TSE:TCW) ) has issued an announcement.

Trican Well Service Ltd. announced the results of its 2025 annual and special meeting, where six directors were elected to serve until the next meeting. Shareholders approved the appointment of KPMG LLP as auditors and endorsed the company’s executive compensation approach and stock option plan, indicating strong shareholder support for the company’s governance and strategic direction.

The most recent analyst rating on (TSE:TCW) stock is a Buy with a C$5.50 price target. To see the full list of analyst forecasts on Trican Well Service stock, see the TSE:TCW Stock Forecast page.

Spark’s Take on TSE:TCW Stock

According to Spark, TipRanks’ AI Analyst, TSE:TCW is a Outperform.

Trican Well Service is performing well financially, with strong profitability and a solid balance sheet. Despite a slight dip in net profit margin and free cash flow, the company is positioned for growth. The stock appears undervalued with a low P/E ratio and a solid dividend yield. Technical analysis suggests some bearish momentum, but the overall sentiment remains positive due to strategic initiatives and a strong earnings call, balanced by concerns about tariffs and pricing pressure.

To see Spark’s full report on TSE:TCW stock, click here.

More about Trican Well Service

Trican Well Service Ltd., headquartered in Calgary, Alberta, is a leading provider of oil and natural gas well servicing equipment and solutions in Western Canada. The company offers a range of services including hydraulic fracturing, cementing, coiled tubing, nitrogen services, and chemical sales, making it the largest pressure pumping service company in Canada.

Average Trading Volume: 600,754

Technical Sentiment Signal: Hold

Current Market Cap: C$800.6M

See more insights into TCW stock on TipRanks’ Stock Analysis page.