TerraVest Industries Inc. (TRRVF) Research
TerraVest Industries Inc., established in 2004 and based in Vegreville, Canada, provides a wide array of manufactured products and specialized services to the energy, agriculture, mining, and transportation sectors throughout Canada and the United States. The company operates through three distinct segments: Fuel Containment, Processing Equipment, and Service. The Fuel Containment division manufactures various products essential for storing and transporting fuels, including bulk liquefied petroleum gas (LPG) transport trailers, LPG delivery and service trucks, residential and commercial LPG storage tanks, dispensers, custom pressure vessels, refined fuel tanks, furnaces, and boilers. These items are sold directly to end-users or through distribution channels to fuel distributors, transportation companies, and both industrial/commercial and residential consumers. The Processing Equipment segment specializes in equipment for wellhead processing and desanding units, central facilities processing equipment, and a variety of storage tanks for natural gas liquids (NGL), LPG, and anhydrous ammonia. It also produces transport trailers for NGL, LPG, compressed gas, and ammonia, alongside other customized processing equipment. This segment primarily serves oil and gas producers, midstream and engineering companies, propane and fertilizer distributors, and transportation firms. The Service segment delivers well servicing solutions to the oil and gas industry, specifically operating 21 service rigs in Southwest and Central Saskatchewan. The company underwent a name change in February 2018, formerly being known as TerraVest Capital Inc.
Market snapshot
- Symbol
- TRRVF
- Price
- $83.24
- Day change
- -0.94%
- Market cap
- $2.6B
- P/E ratio
- 36.29x
- 52-week range
- 70-125.815
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Next earnings
- in 2 months
Peer companies
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