RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Trican Well Service EBIT 2024

Trican Well Service EBIT

149.04 M CAD

Trican Well Service Dividend yield

3.57 %

Ticker

TCW.TO

ISIN

CA8959451037

WKN

812693

In 2024, Trican Well Service's EBIT was 149.04 M CAD, a -8.43% increase from the 162.76 M CAD EBIT recorded in the previous year.

The Trican Well Service EBIT history

YEAREBIT (undefined CAD)
2028e111.26
2027e113.3
2026e156.55
2025e166.08
2024e149.04
2023162.76
2022116.1
2021-1.1
2020-95.6
2019-91.9
2018-43.5
201758.5
2016-138.1
2015-57.9
201437.8
2013-43
201286.9
2011490
2010221.2
2009-24.4
200890.4
2007133.8
2006251.7
2005201.7
2004102.1

Trican Well Service Aktienanalyse

What does Trican Well Service do?

Trican Well Service Ltd is an international leading provider of drilling and completion fluids, as well as technology, services, and accessories for the oil and gas industry. The company was founded in Canada in 1979 and has since built its reputation as one of the most innovative and reliable providers in its sector through impressive expansions in North and South America, Asia, the Middle East, and Africa. Trican Well Service is structured into three essential business segments: - The Well Services division is the largest business segment and includes the manufacturing, mixing, and provision of drilling and completion fluids, as well as the provision of services related to fracking, cementing, and other operating processes. - The Production Enhancement division focuses on improving production performance in oil and gas fields. Trican offers technology solutions such as formation stimulation, reduction of sand production, and improvement of flow capacity. - The company also has an Industrial Services division that serves customers in other industries, including mining, construction, and environmental technology. The goal behind this business model is to provide a high-quality and cost-effective service, creating value for customers and shareholders, through the combination of technological innovations and exceptional customer service. In the Well Services segment, Trican offers a comprehensive range of fluid systems specifically tailored to each customer's needs. These systems include packaging, reaction, and mixing systems designed for use in drilling and completion processes. The fluid systems are available in various solid and liquid formulations and include chemicals that influence viscosity to achieve maximum efficiency. The company also provides pipe closure services such as fracking, cementing, and completion work. For this, Trican has well-specific equipment and technologies to ensure well integrity and achieve optimal production performance. In the Production Enhancement segment, Trican offers various technologies and services aimed at increasing production from existing well fields. The company has a wide range of technologies that enhance the flow profile of oil and gas, including mechanical stimulation and hydraulic fracking. These technologies improve fluid production by enhancing formation permeability, increasing flow capacity, and reducing solid material production such as sand. Trican Well Service's products and services meet the highest quality standards, and the company places great emphasis on the protection of health, safety, and the environment. Through its innovative technologies and its ability to support customers in demanding projects, the company has established itself as a trusted partner of the oil and gas industry. Trican Well Service ist eines der beliebtesten Unternehmen auf Eulerpool.com.

EBIT Details

Analyzing Trican Well Service's EBIT

Trican Well Service's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Trican Well Service's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Trican Well Service's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Trican Well Service’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Trican Well Service Stock

How much did Trican Well Service achieve in EBIT for the current year?

In the current year, Trican Well Service has achieved an EBIT of 149.04 M CAD.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company Trican Well Service.

How has the EBIT of Trican Well Service developed in recent years?

The EBIT of Trican Well Service has increased by -8.43% decreased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company Trican Well Service?

The EBIT of Trican Well Service is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

How much dividend does Trican Well Service pay?

Over the past 12 months, Trican Well Service paid a dividend of 0.16 CAD . This corresponds to a dividend yield of about 3.57 %. For the coming 12 months, Trican Well Service is expected to pay a dividend of 0.17 CAD.

What is the dividend yield of Trican Well Service?

The current dividend yield of Trican Well Service is 3.57 %.

When does Trican Well Service pay dividends?

Trican Well Service pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Trican Well Service?

Trican Well Service paid dividends every year for the past 6 years.

What is the dividend of Trican Well Service?

For the upcoming 12 months, dividends amounting to 0.17 CAD are expected. This corresponds to a dividend yield of 3.89 %.

In which sector is Trican Well Service located?

Trican Well Service is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Trican Well Service kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Trican Well Service from 6/28/2024 amounting to 0.045 CAD, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Trican Well Service pay the last dividend?

The last dividend was paid out on 6/28/2024.

What was the dividend of Trican Well Service in the year 2023?

In the year 2023, Trican Well Service distributed 0 CAD as dividends.

In which currency does Trican Well Service pay out the dividend?

The dividends of Trican Well Service are distributed in CAD.

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Andere Kennzahlen von Trican Well Service

Our stock analysis for Trican Well Service Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Trican Well Service Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.