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2022 Capex Trends: Service Sector Companies Look For Increased Pricing


After years of lagging pricing power, Canadian service sector companies are looking to bend the curve. Upward.

There was a significant amount of white space on the dispatch board for Trican Well Service Ltd. in its 2021 fourth quarter. But based on the shift in pricing seen as the year came to a close, this was something company president and chief executive officer Bradley Fedora was “totally comfortable with.”

To read the Daily Oil Bulletin’s latest guidance report, which features announcements made Feb. 21-25, 2022, click here to access it directly, or click on the Guidance tab on the DOB website.

The guidance report provides 2022 forecasts for capital spending, drilling and production for companies headquartered in Canada and the U.S.

Data for the report is powered by Evaluate Energy.

Mar 02, 2022 - Article 5 of 33

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