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

Trican Well Service (OTCMKTS:TOLWF) is projected to announce its resultson Tuesday, July 28th. Analysts expect Trican Well Service to post earnings of $0.0237 per share and revenue of $155.4430 million for the quarter.

Trican Well Service Stock Performance

Shares of OTCMKTS TOLWF opened at $4.77 on Tuesday. The firm has a 50-day moving average price of $5.14 and a 200 day moving average price of $5.05. Trican Well Service has a 52 week low of $3.70 and a 52 week high of $6.00.

Analysts Set New Price Targets

Several research firms have recently weighed in on TOLWF. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Trican Well Service in a research note on Wednesday, May 13th. BMO Capital Markets raised shares of Trican Well Service from a “market perform” rating to an “outperform” rating in a research note on Tuesday, May 12th. Finally, TD Securities reiterated a “hold” rating on shares of Trican Well Service in a report on Wednesday, May 13th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently 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.