Trican Well Service Stock

Trican Well Service ROCE 2024

Trican Well Service ROCE

0

Ticker

TCW.TO

ISIN

CA8959451037

WKN

812693

In 2024, Trican Well Service's return on capital employed (ROCE) was 0, a -100% increase from the 0.23 ROCE in the previous year.

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.

ROCE Details

Unraveling Trican Well Service's Return on Capital Employed (ROCE)

Trican Well Service's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Trican Well Service's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Trican Well Service's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Trican Well Service’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Trican Well Service stock

What is the ROCE (Return on Capital Employed) of Trican Well Service this year?

The ROCE of Trican Well Service is 0 undefined this year.

How has the ROCE (Return on Capital Employed) of Trican Well Service developed compared to the previous year?

The ROCE of Trican Well Service has increased by -100% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Trican Well Service?

A high Return on Capital Employed (ROCE) indicates that Trican Well Service has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Trican Well Service?

A low ROCE (Return on Capital Employed) can indicate that Trican Well Service has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Trican Well Service impact the company?

An increase in the ROCE of Trican Well Service can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Trican Well Service affect the company?

A decrease in ROCE of Trican Well Service can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Trican Well Service?

Some factors that can affect Trican Well Service's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Trican Well Service so important for investors?

The ROCE of Trican Well Service is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Trican Well Service take to improve the ROCE?

To improve the ROCE, Trican Well Service can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

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 3.31 %. 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 3.31 %.

When does Trican Well Service pay dividends?

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

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 3.6 %.

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 9/30/2024 amounting to 0.045 CAD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.

When did Trican Well Service pay the last dividend?

The last dividend was paid out on 9/30/2024.

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.