Revenue and Earnings Growth
Trican's Q3 2025 revenue increased to $300.6 million from $221.6 million in Q3 2024. Adjusted EBITDAS rose to $66.9 million from $53.1 million, and the company generated positive earnings of $28.9 million.
Free Cash Flow and Share Repurchase
Trican generated $35.4 million in free cash flow during Q3 2025 and repurchased 13.2 million shares under its NCIB program, which is now renewed to purchase up to 18.4 million shares.
Technology and Environmental Commitment
Trican is focusing on 100% natural gas solutions for its operations, expecting to add a natural gas fleet by mid-2026, and is committed to technological advancements in the industry.
Strong Market Position
Trican maintains significant market share in key areas like Duvernay and Montney, with high customer retention and a focus on expanding logistics capabilities for sand distribution.