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

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

Trican Well Service Price Performance

Shares of Trican Well Service stock remained flat at $5.26 during midday trading on Monday. The company had a trading volume of 43 shares, compared to its average volume of 39,609. The firm has a 50-day moving average price of $5.09 and a 200 day moving average price of $4.65. Trican Well Service has a 52 week low of $2.89 and a 52 week high of $5.69.

Wall Street Analyst Weigh In

Several analysts have commented on the company. BMO Capital Markets reiterated a “market perform” rating on shares of Trican Well Service in a research note on Thursday, February 19th. Royal Bank Of Canada downgraded Trican Well Service from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, April 14th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

About Trican Well Service

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.