Trican Well Service Ltd. Trading Resumes After Temporary Halt

TORONTO, July 3, 2025 — Trading in Trican Well Service Ltd. (TSX: TCW) resumed at 8:30 AM ET on July 3, 2025, following a temporary suspension. The Canadian Investment Regulatory Organization (CIRO) had halted trading at 8:00 AM ET due to pending news. CIRO, the national self-regulatory organization overseeing investment dealers and trading activities in Canada, implements such halts to ensure a fair and orderly market.

Company Overview

Trican Well Service Ltd., a pressure pumping company based in Calgary, Canada, specializes in providing engineered and integrated solutions for the exploration and development of oil and natural gas reserves. The company’s services include fracturing, coiled tubing, cementing, acidizing, nitrogen, and industrial services. Trican is listed on the Toronto Stock Exchange and has been publicly traded since its IPO on December 8, 1997.

Recent Developments

In addition to the trading resumption, Trican announced a significant corporate development. The company plans to acquire a complementary private completions services company, which is expected to enhance its service offerings and market position. Furthermore, Trican has declared a 10% increase to its base dividend, signaling confidence in its financial health and future prospects.

Financial Snapshot

As of July 1, 2025, Trican’s close price was CAD 4.56. The company’s stock has experienced a 52-week high of CAD 5.45 on January 9, 2025, and a 52-week low of CAD 3.69 on April 8, 2025.

For more information about Trican Well Service Ltd., visit their website at www.trican.ca .


Note: This article is based on the information provided and does not include speculative content.