Trican Well Service Ltd. (TCW.TO)

4.7600 -0.2800 (-5.56%) At close: 04:00PM EDT

Trican Well Service Ltd.

645 – 7th Avenue SW
Suite 2900
Calgary, AB T2P 4G8
Canada
403-266-0202
https://tricanwellservice.com

Sector(s): Energy
Industry: Oil & Gas Equipment & Services
Full Time Employees: 1,195

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Bradley P. D. Fedora MBA	President, CEO & Non-Independent Director	2.91M	N/A	1970
Mr. Scott E. Matson	Chief Financial Officer	1.43M	N/A	N/A
Mr. Todd G. Thue C.E.T.	Chief Operating Officer	1.81M	N/A	N/A
Dr. Chika Benjamin Onwuekwe L.L.M., Ph.D., Q.C.	VP of Legal, General Counsel & Corporate Secretary	751.45k	N/A	N/A
Mr. Brian James Lane	Vice President of Sales & Marketing	1.9M	N/A	N/A
Ms. Kathleen McCrum	Vice President of Human Resources	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Trican Well Service Ltd., an equipment services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily in Canada. The company offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, cement design, and laboratory solutions, as well as surface, intermediate, production, liner, horizontal, and remedial/squeeze cementing services. It also provides hydraulic fracturing solutions, such as friction reducers, crosslinked gels, energized foam systems, visco-elastic systems, and high-rate nitrogen for coal bed methane fracturing and gelled hydrocarbons, as well as dissolvable ball sealers and diverting agents; and coiled tubing solutions comprising milling services, including fracturing plugs and ports, stage tool/debris subs, cement milling, and confirmation runs; coiled tubing fracturing; e-coil; in-house engineering; and acidizing and production enhancement services. In addition, the company offers fracture acidizing and production enhancement services that include restore well performance blockages from inorganic scales, emulsions, drilling mud, formation fines, clays, and organic deposits; nitrogen services; and engineering support, reservoir expertise, and laboratory services, as well as engages in the chemical sales. Trican Well Service Ltd. was incorporated in 1979 and is headquartered in Calgary, Canada.

Corporate Governance

Trican Well Service Ltd.’s ISS Governance QualityScore as of October 1, 2024 is 1. The pillar scores are Audit: 3; Board: 1; Shareholder Rights: 2; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.