|Bid||1.8800 x 0|
|Ask||1.8900 x 0|
|Day's Range||1.8600 - 1.9200|
|52 Week Range||0.4200 - 1.9800|
|Beta (5Y Monthly)||2.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 12, 2021 - May 17, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec. 29, 2015|
|1y Target Est||2.21|
NEW YORK, NY / ACCESSWIRE / February 24, 2021 / Trican Well Service Ltd. (TSX:TCW) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on February 24, 2021 at 12:00 PM Eastern Time.
CALGARY — Trican Well Service Ltd. says an ongoing slump in Canadian oilfield activity linked to the COVID-19 pandemic resulted in lower revenue in the fourth quarter. The Calgary-based well completion company says consolidated revenue from continuing operations fell to $103 million from $163 million in the year-earlier period. It is reporting a net loss of $25 million or 10 cents per share for the last three months of 2020, including a $22.3-million impairment charge on non-financial assets. That compares with a net loss of $20.9 million or seven cents in the same period of 2019. Trican says it had adjusted earnings before interest, taxation, depreciation and amortization of $14.5 million, little changed from $14.6 million a year earlier, but beating analyst expectations for $9.7 million, according to financial data firm Refinitiv. Its adjusted earnings include $4.9 million from the Canadian Emergency Wage Subsidy, bringing the total for the year to $13.8 million. Trican says stronger demand allowed it to activate a sixth crew offering hydraulic fracturing or "fracking" well completions in early January. This report by The Canadian Press was first published Feb. 23, 2021. Companies in this story: (TSX:TCW) The Canadian Press
Calgary, Alberta--(Newsfile Corp. - February 23, 2021) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce its annual results for 2020, the appointment of interim CFO and appointment of the Chairman of the Board. The following news release should be read in conjunction with Management's Discussion and Analysis ("MD&A"), the audited annual consolidated financial statements, related notes of Trican and the Annual Information Form for the ...