Stock Profile: Trican Well Service Symbol: TCW (TSE)

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Stats as of 4/27/01

• H/L Ratio: 1.93 • RS: 92.5 • Shares: 16,355,261 • P/E: 18.33 • Price: $17.05

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Founded in 1979 with two high pressure pumping units and a bulk truck, Trican Well Service has grown steadily and is well on its way to its goal of becoming a dominant player in the Canadian oil field services market. The company now owns 26 pumping units, 4 fracturing fleets, 6 deep coiled tubing units, 9 medium depth coiled tubing units, 8 nitrogen pumping units and a jet pumping unit. This equipment is used in the drilling, completion, stimulation and reworking of oil and gas wells.

The company went public in December 1996 with new management and expanded into the coiled tubing, nitrogen and cementing markets the following year. Part of its growth was through acquisitions with the takeover of Superior Cementers in August 1997 and Northline Energy Services in January 2000.

Sales have grown steadily from $8 million in 1996 to $28 million in 1997, $39 million in 1998, $62 million in 1999 and $131 million in 2000. Earnings per share have grown even faster. With today's high energy prices, things are looking even better for Trican.

Quarterly Earnings per Share

Annual Earnings per Share