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Trican Well Service TSE: TCW reported second-quarter revenue that was broadly flat from a year earlier, while profitability declined amid seasonal breakup conditions, record June rainfall in central Alberta, lower equipment utilization and continued pricing pressure.

Calgary, Alberta--(Newsfile Corp. - June 18, 2026) - Trican Well Service Ltd. (TSX: TCW) ("Trican") is pleased to announce the appointment of Kiren K.

Trican Well Service (TCW:CA) delivered a robust Q1 with 27% revenue growth, reflecting the Iron Horse acquisition and strong operational execution. Adjusted operating cash flow reached C$53M, with sustaining free cash flow at approximately C$43M, supporting dividends and buybacks. TCW maintains a strong balance sheet: C$143M positive working capital and just C$31M long-term debt, enabling continued capital returns.