Trican Well Service Reports Q1 Earnings with Higher Revenue but Margin Pressures
Trican Well Service reported higher first-quarter revenue of CAD 330.3 million in 2026 due to increased activity and a full quarter contribution from the Iron Horse acquisition, though margins were affected by pricing weakness and cost inflation. Adjusted EBITDA rose to CAD 70.1 million while net earnings slightly declined year-over-year.
Topics: dividend ebitda financial performance free cash flow oilfield services