According to The Fly, in a report released yesterday, Michael Mazar from BMO Capital reiterated a Hold rating on Trican Well Service Ltd (TOLWF). The company’s shares closed yesterday at $1.22, close to its 52-week low of $1.19.
According to TipRanks.com, Mazar is ranked #2125 out of 4912 analysts.
Trican Well Service Ltd has an analyst consensus of Moderate Buy.
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Based on Trican Well Service Ltd’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $26.48 million. In comparison, last year the company had a net profit of $37.45 million.
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Trican Well Service Ltd. engages in the provision of products, equipment, and services used during the exploration and development of oil and natural gas reserves. It services include acidizing and production enhancement, carbon dioxide, cementing, coiled tubing, fracturing, geological, completion systems and downhole tool services, nitrogen and industrial services. The company was founded on April 11, 1979 and is headquartered in Calgary, Canada.
