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

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

Trican Well Service Stock Down 2.3%

Shares of OTCMKTS:TOLWF opened at $4.72 on Friday. The company has a 50-day simple moving average of $5.08 and a 200-day simple moving average of $5.06. Trican Well Service has a one year low of $3.70 and a one year high of $6.00.

Wall Street Analysts Forecast Growth

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