Trican reported FY 2025 revenue of CAD 1.10 billion (up 12%), with profit of CAD 112.19 million and profit per share of CAD 0.58 (basic) and CAD 0.57 (diluted). Adjusted EBITDAS was CAD 251.72 million and adjusted EBITDA was CAD 239.07 million, while free cash flow was CAD 149.36 million, or CAD 0.77 per share (basic) and CAD 0.76 (diluted). For Q4 2025, revenue was CAD 322.73 million, profit was CAD 31.94 million, adjusted EBITDAS was CAD 75.25 million, free cash flow was CAD 46.59 million, and the quarterly dividend paid was CAD 0.055 per share. For capital returns, Trican said it returned CAD 96.30 million to shareholders in FY 2025, comprising CAD 41.60 million in dividends and CAD 54.70 million via share repurchases. The board approved a quarterly dividend of CAD 0.055 per share, payable March 31, 2026 to shareholders of record March 13, 2026, and designated as an eligible dividend for Canadian income tax purposes. On the balance sheet, Trican reported net debt of CAD 79.90 million at Dec. 31, 2025 (loans and borrowings of CAD 92.40 million, offset by cash of CAD 12.50 million) and positive working capital excluding cash of CAD 179.20 million. The company highlighted its Aug. 27, 2025 acquisition of Iron Horse Coiled Tubing Inc. for CAD 77.25 million in cash plus 33.76 million common shares, adding fracturing and coiled-tubing capabilities. Trican also set a 2026 capital budget of CAD 122.00 million, including about CAD 40.00 million toward a 100% natural gas-fueled continuous heavy-duty hydraulic fracturing fleet expected to be field-ready in H2 2026, and expects about CAD 10.00 million of technology modernization investment in 2026 to be presented as G&A expense under IFRS.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trican Well Service Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202602181811NEWSFILECNPR____20260218_284402_1) on February 18, 2026, and is solely responsible for the information contained therein.