Atb Cap Markets Has Strong Forecast for TSE:TCW Q2 Earnings

Trican Well Service Ltd. (TSE:TCW) – Equities research analysts at Atb Cap Markets increased their Q2 2025 earnings per share estimates for shares of Trican Well Service in a report released on Tuesday, December 10th. Atb Cap Markets analyst W. Syed now anticipates that the company will earn $0.08 per share for the quarter, up from their prior estimate of $0.07. Atb Cap Markets also issued estimates for Trican Well Service’s Q2 2026 earnings at $0.11 EPS and FY2027 earnings at $0.83 EPS.

A number of other research firms have also weighed in on TCW. Raymond James dropped their price objective on shares of Trican Well Service from C$5.00 to C$4.75 in a research note on Tuesday, October 15th. BMO Capital Markets cut their price target on Trican Well Service from C$5.50 to C$5.00 in a research note on Wednesday, October 30th. TD Securities dropped their target price on Trican Well Service from C$5.00 to C$4.75 and set a “hold” rating on the stock in a report on Tuesday, October 8th. Finally, ATB Capital increased their price target on Trican Well Service from C$5.50 to C$6.00 in a research report on Tuesday. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, Trican Well Service currently has an average rating of “Moderate Buy” and a consensus price target of C$5.57.

Trican Well Service Trading Down 0.4 %

TSE TCW opened at C$4.89 on Friday. The company has a quick ratio of 1.75, a current ratio of 2.60 and a debt-to-equity ratio of 3.90. Trican Well Service has a 52 week low of C$3.88 and a 52 week high of C$5.24. The business has a 50 day moving average price of C$4.72 and a 200-day moving average price of C$4.74. The company has a market cap of C$938.59 million, a price-to-earnings ratio of 8.58, a P/E/G ratio of 0.22 and a beta of 1.73.

Trican Well Service Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.045 per share. This represents a $0.18 annualized dividend and a dividend yield of 3.68%. The ex-dividend date of this dividend is Friday, December 13th. Trican Well Service’s dividend payout ratio is presently 31.58%.

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.