The Globe and Mail reports in its Friday, Jan. 26, edition that Canada's oil field services market remains "relatively well-balanced" heading into fourth quarter 2023 earnings season, according to National Bank Financial analyst Dan Payne. The Globe's David Leeder writes that Mr. Payne says in a note, "Insulation and opportunity is noted through unique and high-quality exposures, in support of a resilience and quality of earnings that should validate a stability of returns and a very sound risk-adjusted value proposition for the group -- very simply, nothing's hurting and nothing is helping, and an appreciation for balance of a historically volatile sector will be the theme." However, despite seeing the value proposition of the group remaining "sound," Mr. Payne reiterated his neutral stance from an investing perspective, hoping for "visibility toward a tangible inflection of activity to support greater momentum of value within the group." Accordingly, Mr. Payne continues to rate Trican Well Service "sector perform," with a $6.75 share target. Analysts on average target the shares at $5.67. The Globe reported on Nov. 22 that Mr. Payne had cut Trican to "sector perform" from "outperform." It was then worth $4.20.