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

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

Trican Well Service Price Performance

Shares of Trican Well Service stock opened at $4.72 on Monday. Trican Well Service has a twelve month low of $3.70 and a twelve month high of $6.00. The company’s fifty day moving average is $5.08 and its 200 day moving average is $5.06.

Wall Street Analysts Forecast Growth

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