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Trican Well Service Ltd (TOLWF) Gets a Hold Rating from Scotiabank


According to The Fly, in a report issued on November 29, Vladislav Vlad from Scotiabank reiterated a Hold rating on Trican Well Service Ltd (TOLWF). The company’s shares closed on Friday at $0.91, equals to its 52-week low of $0.91.

According to TipRanks.com, Vlad is ranked #1870 out of 5130 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Trican Well Service Ltd.

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Based on Trican Well Service Ltd’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $9.62 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.