Trican Well Service Ltd. (TSX:TCW) is looking for M&A opportunities. Bradley P. Fedora, President and Chief Executive Officer said, "We invest in growth and upgrading opportunities like the Tier 4 engines or the electric gear. We'll continue to look at M&A opportunities as they arise.

But I think the idea is that we want to provide good cash flow and earnings, a good consistent cash flow and earnings stream that's growing ideally with a consistent return of capital to our shareholders".