March 14, 2018 - By Lynda A. Deweese

The stock of TRICAN WELL SERVICE LTD ORDINARY SHARES (OTCMKTS:TOLWF) registered an increase of 23.08% in short interest. TOLWF’s total short interest was 6.58M shares in March as published by FINRA. Its up 23.08% from 5.35 million shares, reported previously. With 58,900 shares average volume, it will take short sellers 112 days to cover their TOLWF’s short positions. The short interest to TRICAN WELL SERVICE LTD ORDINARY SHARES’s float is 2.09%.

The stock decreased 0.38% or $0.01 during the last trading session, reaching $2.61. About shares traded. Trican Well Service Ltd. (OTCMKTS:TOLWF) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Trican Well Service Ltd., an oilfield services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of gas and oil wells primarily in Canada. The company has market cap of $879.99 million. It offers cementing services, including pre-flushes and spacers, cement plugs, lost circulation, gas migration prevention, cement design solutions, and laboratory solutions, as well as surface, intermediate, production, liner, horizontal, and remedial/squeeze cementing services; and geological services, such as laboratory and field services, as well as education and studies. It has a 66.92 P/E ratio. The firm also provides reservoir solutions, which include exploration, production analysis, and simulation and modeling services; acidizing and production enhancement services, such as production and injection well enhancement services; and coiled tubing solutions that include coiled tubing fracturing, specially designed tools, well cleanouts, milling, high pressure jetting, e-coil , nitrogen gas lifting, and production enhancement.

Trican Well Service Ltd. (OTCMKTS:TOLWF) Ratings Coverage

Among 2 analysts covering Trican Well Service (OTCMKTS:TOLWF), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Trican Well Service had 2 analyst reports since September 28, 2015 according to SRatingsIntel. RBC Capital Markets downgraded Trican Well Service Ltd. (OTCMKTS:TOLWF) on Monday, October 5 to “Sector Perform” rating. As per Monday, September 28, the company rating was downgraded by Cowen & Co.

More notable recent Trican Well Service Ltd. (OTCMKTS:TOLWF) news were published by: which released: “Western Energy Services Corp.” on October 18, 2017, also with their article: “Gasfrac Energy Services: Fracturing Game Changer” published on January 03, 2012, published: “Calfrac: Best Positioned To Benefit From Ongoing Industry Recovery” on December 29, 2017. More interesting news about Trican Well Service Ltd. (OTCMKTS:TOLWF) were released by: and their article: “Ensign Energy Services Inc.” published on June 07, 2016 as well as‘s news article titled: “Essential Energy Services: Too Cheap To Ignore” with publication date: July 22, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.