Trican Well Service (TCW) Set to Announce Earnings on Tuesday

Trican Well Service (TSE:TCW) will announce its earnings results after the market closes on Tuesday, July 30th. Analysts expect the company to announce earnings of C$0.06 per share for the quarter.

Trican Well Service (TSE:TCW) last announced its quarterly earnings data on Monday, May 13th. The company reported C$0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.18 by C$0.01. Trican Well Service had a net margin of 12.26% and a return on equity of 22.33%. The company had revenue of C$271.93 million during the quarter, compared to analysts’ expectations of C$282.63 million.

Trican Well Service Trading Up 0.6 %

Shares of TCW stock opened at C$4.94 on Monday. Trican Well Service has a 52-week low of C$3.79 and a 52-week high of C$5.33. The stock has a market cap of C$1.01 billion, a price-to-earnings ratio of 9.15, a P/E/G ratio of 0.22 and a beta of 1.82. The company has a debt-to-equity ratio of 3.40, a quick ratio of 1.75 and a current ratio of 2.74. The firm has a fifty day moving average of C$4.64 and a 200-day moving average of C$4.36.

Trican Well Service Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 28th were paid a $0.045 dividend. This represents a $0.18 dividend on an annualized basis and a dividend yield of 3.64%. The ex-dividend date was Friday, June 14th. Trican Well Service’s dividend payout ratio is 33.33%.

Trican Well Service Company Profile

Trican Well Service Ltd., an equipment 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. The company offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, cement design, and laboratory solutions, as well as surface, intermediate, production, liner, horizontal, and remedial/squeeze cementing services.