Q1 Earnings Forecast for TSE:TCW Issued By Atb Cap Markets

Trican Well Service Ltd. (TSE:TCW) – Equities researchers at Atb Cap Markets lowered their Q1 2025 earnings per share estimates for Trican Well Service in a research report issued on Thursday, February 20th. Atb Cap Markets analyst W. Syed now anticipates that the company will post earnings of $0.16 per share for the quarter, down from their prior estimate of $0.19. Atb Cap Markets also issued estimates for Trican Well Service’s Q2 2025 earnings at $0.09 EPS, FY2025 earnings at $0.60 EPS, Q1 2026 earnings at $0.20 EPS, Q2 2026 earnings at $0.13 EPS, Q4 2026 earnings at $0.18 EPS and FY2027 earnings at $0.87 EPS.

TCW has been the subject of several other research reports. BMO Capital Markets decreased their price objective on Trican Well Service from C$5.50 to C$5.00 in a report on Wednesday, October 30th. TD Securities boosted their price objective on Trican Well Service from C$4.50 to C$5.00 and gave the company a “hold” rating in a report on Thursday, February 20th. Finally, ATB Capital boosted their price objective on Trican Well Service from C$5.50 to C$6.00 in a report on Tuesday, December 10th.

Trican Well Service Trading Down 2.3 %

TSE TCW opened at C$4.59 on Monday. The company has a market cap of C$866.21 million, a price-to-earnings ratio of 8.17, a P/E/G ratio of 0.22 and a beta of 1.73. Trican Well Service has a 52 week low of C$3.99 and a 52 week high of C$5.45. The business has a 50 day moving average price of C$4.90 and a 200-day moving average price of C$4.84. The company has a quick ratio of 1.75, a current ratio of 2.62 and a debt-to-equity ratio of 5.89.

Trican Well Service Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st were paid a $0.045 dividend. This represents a $0.18 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date was Friday, December 13th. Trican Well Service’s payout ratio is 32.02%.

About Trican Well Service

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.