Trican Well Service (TOLWF) Expected to Announce Earnings on Monday

Trican Well Service (OTCMKTS:TOLWF) is expected to be announcing its results after the market closes on Monday, May 11th. Analysts expect the company to announce earnings of $0.1059 per share and revenue of $236.3090 million for the quarter.

Trican Well Service Stock Performance

OTCMKTS TOLWF remained flat at $5.26 on Monday. The company had a trading volume of 43 shares, compared to its average volume of 39,609. The business has a 50-day simple moving average of $5.09 and a 200 day simple moving average of $4.65. Trican Well Service has a 12 month low of $2.89 and a 12 month high of $5.69.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on TOLWF shares. Royal Bank Of Canada downgraded Trican Well Service from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, April 14th. BMO Capital Markets reiterated a “market perform” rating on shares of Trican Well Service in a research report on Thursday, February 19th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Trican Well Service presently has a consensus rating of “Hold”.

Trican Well Service Company Profile

Trican Well Service Ltd. is a Canada-based oilfield services company specializing in well completion and intervention solutions for the global energy sector. The company’s core offerings include hydraulic fracturing (fracing), coiled tubing, cementing, acidizing, nitrogen services and well stimulation technologies. Trican’s hydraulic fracturing operations are supported by a fleet of high-pressure pumping equipment designed to meet the demands of unconventional resource plays.

In addition to its pressure-pumping capabilities, Trican provides coiled tubing services for well cleanouts, stimulations and underbalanced operations, as well as cementing services that ensure zonal isolation and well integrity.