Trican Well Service (TCW) Issues Earnings Results
Trican Well Service (TSE:TCW) issued its quarterly earnings results on Thursday. The company reported C($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.02 by C($0.06), Morningstar.com reports. The business had revenue of C$253.74 million during the quarter, compared to analysts’ expectations of C$257.97 million.
TCW opened at C$1.52 on Friday. The company has a debt-to-equity ratio of 6.74, a quick ratio of 2.02 and a current ratio of 2.64. Trican Well Service has a fifty-two week low of C$1.45 and a fifty-two week high of C$5.04.
In related news, insider Shaun Patrick Kelly acquired 20,000 shares of Trican Well Service stock in a transaction dated Wednesday, September 5th. The stock was acquired at an average cost of C$2.75 per share, with a total value of C$55,000.00.
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Trican Well Service Company Profile
Trican Well Service Ltd., an oilfield services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily in Canada. It offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, gas migration prevention, cement design solutions, and laboratory solutions, as well as surface, intermediate, production, liner, horizontal, and remedial/squeeze cementing services; and cement pumpers, bulk equipment, and cement auxiliary equipment.
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