Trican Well Service (TOLWF) Set to Post Earnings on Tuesday

Trican Well Service (OTCMKTS:TOLWF) is expected to issue its results after the market closes on Tuesday, October 27th. Analysts expect Trican Well Service to announce earnings of $0.1457 per share and revenue of $244.92 million for the quarter.

Trican Well Service Price Performance

Shares of OTCMKTS:TOLWF opened at $4.60 on Tuesday. Trican Well Service has a 52-week low of $3.70 and a 52-week high of $6.00. The business’s 50 day moving average is $4.47 and its 200 day moving average is $4.82.

Analysts Set New Price Targets

Separately, TD Securities raised Trican Well Service from a “hold” rating to a “buy” rating in a research report on Thursday, July 30th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Trican Well Service currently has an average rating of “Moderate Buy”.

Trican Well Service Company Profile

Trican Well Service Ltd. is a Canadian oilfield services company that provides equipment and technical services used in the drilling, completion and production of oil and natural gas wells. The company primarily serves exploration and production companies operating in Western Canada.

Its service offerings include hydraulic fracturing, cementing, coiled tubing, nitrogen services, acidizing and other well-stimulation and completion services. These activities support the development of conventional and unconventional resources, including horizontal wells, by helping operators complete wells and improve production.

Founded in 1979 and headquartered in Calgary, Alberta, Trican has built its operations around the Canadian energy market, with a focus on the Western Canadian Sedimentary Basin.