The Globe and Mail reports in its Friday, Dec. 5, edition that ATB Capital Markets analyst Tim Monachello has resumed coverage on Trican Well Service with an "outperform" recommendation and a $7 share target, exceeding the average on the Street by eight cents. The Globe's David Leeder writes that Mr. Monachello says in a note: "As a pure-play Canadian completions company with high exposure to Canada's most service intensive plays, we believe Trican faces a relatively stable outlook over the medium-term, and is well positioned to benefit from longer-term LNG related activity growth in Canada. Further, we believe Trican is well positioned to outperform industry growth over our forecast horizon given 1) its recent scale-enhancing acquisition of Iron Horse that also provides organic growth opportunities, 2) plans to deploy an additional 100-per-cent natural gas fleet, likely in Q4/26; and 3) Trican's strong balance sheet and advantaged cost of capital that should enable some combination of organic growth opportunities, and potential acquisitions. Additionally, we believe Trican will maintain a steady pace of share repurchase activity, driving additional growth on a per share basis and tactically supporting funds flow."