Trican Well Service Ltd. · TSX:TCW
Trican Well Service — Investor Presentation (April 2026)
13 slides from Trican Well Service's investor presentation, April 2026
Slide 1: Corporate Update April 2026
Alberta’s Corporate Update April 2026
Slide 2: Forward Looking Information Advisory
Forward Looking Information Advisory Corporate Presentation This document contains statements that constitute forward-looking statements within the meaning of applicable securities legislation. These forward-looking statements include, among others, the Company’s prospects, expected revenues, expens
Slide 3: Who We Are: Canada's Largest Pressure Pumper
Who We Are Corporate Presentation Canada’s Largest Pressure Pumper Largest Hydraulic Fracturing Provider in Canada ▪ Eleven crews out of ~ 32 in the market including five Tier IV crews (210,000 Tier IV HHP) ▪ Leading market share in Montney and Duvernay plays and unconventional shallow oil plays Dri
Slide 4: Our Strategic Priorities
Our Strategic Priorities Corporate Presentation Deliver Industry Leading ROIC 01 Strengthen Existing Business Lines ▪ Expanding our focus areas in fracturing and cementing service lines ▪ Expand our presence in coiled tubing ▪ Optimize fleets and utilize parked equipment ▪ Maximize value of stranded
Slide 5: Iron Horse Acquisition
Iron Horse Acquisition Corporate Presentation Improves Trican’s Position as a Leading Pressure Pumping Company in Canada Increased Scale and Market Reach in Canada ▪ Added four fracturing spreads and 10 coil tubing units ▪ Opportunities to provide complementary completions solutions to customers thr
Slide 6: Annual Key Financial Metrics
Financial Highlights Corporate Presentation Annual Key Financial Metrics * 2026E represents consensus estimates 6
Slide 7: Historical Return of Capital
Financial Highlights Corporate Presentation Historical Return of Capital Historical Return of Over $644 million Returned to Shareholders Capital Invested over $521 $120,000 360,000 million repurchasing approximately 52% of TCW Shares Outstanding (000's) $100,000 300,000 shares * Annual Spend (000's)
Slide 8: Free Cash Flow Allocation
Financial Highlights Corporate Presentation Free Cash Flow Allocation Balanced Approach Strategic Investments Debt Repayment Strategic M&A Priorities Share Repurchases (1) Represents 2026 consensus estimates (2) Based on 2026 consensus estimates (3) Based on activity levels required to generate 2026
Slide 9: Canadian Market Dynamics – Fracturing
Canadian Market Dynamics – Fracturing Corporate Presentation Expanding Fracturing Footprint Servicing Conventional and Unconventional Oil and Liquids Plays ▪ Trican’s High Spec Hydraulic Fracturing Equipment is Ideal for Wells in High Frac Intensity Regions • These regions have continued to see an i
Slide 10: Canadian Market Dynamics – Cementing
Canadian Market Dynamics – Cementing Corporate Presentation Leveraging Expertise to Expand Cementing Services ▪ Trican is widely considered the industry leader in Canadian cementing market • Trican’s assets utilize increasingly technical cement capabilities, which Montney, Duvernay and Deep Basin pl
Slide 11: Canadian Market Dynamics – Coiled Tubing
Canadian Market Dynamics – Coiled Tubing Corporate Presentation Operational Expertise in Coiled Tubing Fracturing ▪ The demand for coil continues to improve with increased industry activity • Iron Horse acquisition adds industry leading coiled tubing integrated fracturing expertise ▪ Iron Horse acqu
Slide 12: Investment Highlights
Investment Highlights Corporate Presentation Canadian Based Free Cash Flow Strong Balance Sheet ▪ Improving Canadian offtake ▪ Strong Free Cash Flow ▪ Focused on maintaining low capacity and rapidly conversion model leverage to mitigate industry approaching LNG export volatility ▪ Free cash flow mar
Slide 13: Sustainability Driven Initiatives
Sustainability Driven Initiatives Corporate Presentation Environment Social Governance ▪ Canada’s largest Tier 4 DGB ▪ Safe Work Practices ▪ Ethics Training / Policy Pumping Fleet ▪ Indigenous Relations ▪ Anti-Corruption Training / ▪ Idle Reduction Technology Policy ▪ Bulk Chemical Logistics ▪ Dust
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