Trican Well Ownership

TCW Stock  CAD 4.24  0.04  0.93%   
Trican Well maintains a total of 205.36 Million outstanding shares. About 78.0 % of Trican Well outstanding shares are held by general public with 0.56 (%) owned by insiders and only 21.84 % by institutional holders. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
 
Shares in Circulation  
First Issued
1997-03-31
Previous Quarter
245.8 M
Current Value
231.1 M
Avarage Shares Outstanding
156.5 M
Quarterly Volatility
73.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Trican Well in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Trican Well, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
As of the 19th of April 2024, Dividend Payout Ratio is likely to grow to 0.30, while Dividends Paid is likely to drop about 20.8 M. As of the 19th of April 2024, Net Income Applicable To Common Shares is likely to grow to about 95.7 M, while Common Stock Shares Outstanding is likely to drop about 171.2 M.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trican Well Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Trican Stock Ownership Analysis

About 22.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.86. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Trican Well Service has Price/Earnings To Growth (PEG) ratio of 0.87. The entity last dividend was issued on the 14th of March 2024. The firm had 2:1 split on the 23rd of May 2006. 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. Trican Well Service Ltd. was founded in 1979 and is headquartered in Calgary, Canada. TRICAN WELL operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. It employs 1447 people. To find out more about Trican Well Service contact Dale Dusterhoft at 403-266-0202 or learn more at https://tricanwellservice.com.

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trican Well Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Trican Well's price analysis, check to measure Trican Well's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trican Well is operating at the current time. Most of Trican Well's value examination focuses on studying past and present price action to predict the probability of Trican Well's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trican Well's price. Additionally, you may evaluate how the addition of Trican Well to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Trican Well's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trican Well is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trican Well's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.