About Trican
Trican is a publicly listed company based in Calgary (Canada) founded in 1996. Services are provided across the oil and gas value chain. The company has 1,200 employees. Trican has completed 2 acquisitions, including Canyon Technical Services and Ihes. Trican offers products and services including Hydraulic Fracturing and Cementing. Its focus areas include Energy and Oil & Gas Equipment. Its legal entity is Trican Well Service Ltd.
Company details
Trican Well Service was established in 1996 and is based in Calgary, Canada. Focus is placed on the oil and gas sector, with well and production services offered for drilling, completion, stimulation, reworking, acidizing, cementing, coiled tubing, fracturing, and nitrogen applications. Pipeline management and industrial support, including chemicals and tank cleaning, are extended to midstream and downstream operations.
- Headquarters Calgary, Canada
- Employees 1,200
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website tricanwellservice.com
- Social LinkedIn X Facebook Instagram
- Legal Name Trican Well Service Ltd.
- Annual Revenue$803.39 M (USD)11.76as on Dec 31, 2025
- Net Profit$81.94 M (USD)2.48as on Dec 31, 2025
- EBITDA$185.25 M (USD)15.14as on Dec 31, 2025
- Investors
- Employee Count1,200
- Investments & AcquisitionsCanyon Technical Services
& 1 more
Products & Services of Trican
Trican offers a comprehensive portfolio of products and services, including Hydraulic Fracturing and Cementing.
Hydraulic fracturing solutions are designed to stimulate oil and gas well production in a safe and efficient manner.
Cementing services are provided to ensure wellbore integrity and support responsible resource development.
Funding Insights of Trican
- Total Rounds 3
- First Round $65.87M
(Apr 2007)
- Investors Count 1
All 3 funding rounds of Trican with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2019 | Post-IPO | – | – | ||
| Apr 2011 | $250M | Debt – Conventional | – | – | – |
| Apr 2007 | $65.87M | Post-IPO | – | – | – |
1 investors in total: 1 institutional.
Investors in Trican
Trican has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Clarke Inc.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed across multiple sectors. | 1997 | clarkeinc.com | Halifax, Canada |
Investor details for Trican
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People of Trican
1 people are tracked at Trican (1 in leadership); the tracked headcount is 1,200.
| Name | Role | Group |
|---|---|---|
Bradley Fedora | President and CEO | Leadership |
Complete people profiles for Trican
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IPO & Listings of Trican
Trican is a publicly listed company on the TSX with ticker symbol TCW in Canada, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date09 Dec 1996
- Listed onTSX: TCW
- Listed entityTrican Well Service Ltd.
- Exchange sectorProducer manufacturing
- ISINCA8959451037
- Share price6.55 CAD (+2.34% on the day) · 2026-10-13
- Market capitalisation1,371,135,139.00 CAD
- Price to earnings15.2
- EPS (diluted, trailing year)0.43 CAD
- Dividend yield3.44%
- Volume (last session)434,717
Financials of Trican
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 1.10B CAD | 112.2M CAD | 253.6M CAD |
| 2024 | 980.8M CAD | 109.5M CAD | 220.3M CAD |
| 2023 | 972.7M CAD | 121.0M CAD | 235.2M CAD |
| 2022 | 866.3M CAD | 79.2M CAD | 189.4M CAD |
| 2021 | 562.5M CAD | 17.2M CAD | 87.8M CAD |
Detailed financial statements for Trican
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Trican
Trican has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Canyon Technical Services and Ihes.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of coiled tubing and fracturing services for oil and gas | ihes.ca | Canada | 0 | Jul 2025 | $169.47M | |
Hydraulic fracturing and coiled tubing service provider | canyontech.ca | Calgary, Canada | 2004 | Mar 2017 | $477.68M |
Complete acquisition details for Trican
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Timeline of Trican
6 dated milestones of Trican across 29 years, from founding to its latest funding, stage changes and deals.
- Founded Trican is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $65.9M.
- Acquisition Acquires Canyon Technical Services.
- Funding Latest funding round, Post-IPO,.
- Acquisition Acquires Ihes.
Web traffic of Trican
The website of Trican (tricanwellservice.com) receives about 3.1K visits a month.
- Monthly visits3.1K
▼ 41.4% vs previous month
Websites whose visitors overlap most with Trican. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
dixonvalve.com | dixonvalve.com | 100% | #229,731 | – |
Top companies in Oil & Gas Equipment & Services
2 companies that operate in the same segment as Trican (Oil & Gas Equipment & Services) in Canada, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Sustainable energy infrastructure is designed, deployed, and serviced globally. | 1980 | Calgary, Alberta, Canada | USD 12.43 M | USD 2.62 B | 4,600 | |
Provider of hydraulic fracturing, coiled tubing, and cementing services | 1999 | Calgary, Alberta, Canada | USD 1.02 B | 2,200 |
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Related news about Trican
Complete news archive for Trican
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Frequently Asked Questions about Trican
Trican was founded in 1996 and raised its 1st funding round 11 years after it was founded.
Trican is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Trican has 1,200 employees.
Annual revenue of Trican is $803.39M as on Dec 31, 2025.
Trican Well Service was established in 1996 and is based in Calgary, Canada. Focus is placed on the oil and gas sector, with well and production services offered for drilling, completion, stimulation, reworking, acidizing, cementing, coiled tubing, fracturing, and nitrogen applications. Pipeline management and industrial support, including chemicals and tank cleaning, are extended to midstream and downstream operations.
Trican offers Hydraulic Fracturing and Cementing.
Yes, Trican is publicly traded on TSX under the ticker symbol TCW.
Trican has made 2 acquisitions, including Canyon Technical Services, and Ihes.
Trican has 1 investor. Key investors include Clarke Inc.
Trican operates through Trican Well Service Ltd..