One TSX name I’ve been looking into this weekend is $TCW. $TCW is an organization that provides hydraulic fracturing and pressure pumping services to oil and natural gas companies. In simpler terms, they help gets wells up and running so they can produce oil and natural gas. A couple different things caught my attention recently. Under its recent share buyback program, $TCW purchased over 9 million shares for over $60M. The company also announced a new share buyback program. On September 30th, their director bought another 20,000 shares in the public market, increasing his position by over 300%……. Their balance sheet looks decent and I like the company’s mission. I don’t own any shares here just thought this was some interesting activity… 👀🛢️⛽️ Sources: https://tricanwellservice.com/trican-announces-renewal-of-normal-course-issuer-bid-program-for-2026-2027/ CEO.ca sedi file
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Sunny Guy@coinspinner · 18dEdited
I was looking into these companies also. On BNN marketcall few weeks back, the guest mentioned the company $CFW as his pick the buy. Says that the oil drilling sites have been negligant on using companies like calfrac or trican to maintain thier sites. Definet backlog in work there. Another company to check is $TOT . I dont have any holding in these companies as it doesnt fit my investment style but the well maintenance sector is appealing. Good luck.
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