Latest news with #TricanWellService
Business Insider
05-07-2025
- Business
- Business Insider
National Bank Reaffirms Their Hold Rating on Trican Well Service (TOLWF)
National Bank analyst maintained a Hold rating on Trican Well Service today and set a price target of C$6.50. The company's shares closed yesterday at $3.87. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trican Well Service with a $4.17 average price target, representing a 7.89% upside. In a report released yesterday, BMO Capital also maintained a Hold rating on the stock with a C$6.00 price target. The company has a one-year high of $3.85 and a one-year low of $2.60. Currently, Trican Well Service has an average volume of 38.18K. Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TOLWF in relation to earlier this year.
Business Insider
05-07-2025
- Business
- Business Insider
ATB Capital Markets Keeps Their Buy Rating on Trican Well Service (TOLWF)
In a report released today, from ATB Capital Markets maintained a Buy rating on Trican Well Service, with a price target of C$6.50. The company's shares closed yesterday at $3.87. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. In addition to ATB Capital Markets, Trican Well Service also received a Buy from RBC Capital's Keith Mackey in a report issued on June 26. However, yesterday, BMO Capital maintained a Hold rating on Trican Well Service (Other OTC: TOLWF). TOLWF market cap is currently $602.3M and has a P/E ratio of 8.94. Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TOLWF in relation to earlier this year.
Business Insider
05-07-2025
- Business
- Business Insider
TD Securities Reaffirms Their Hold Rating on Trican Well Service (TOLWF)
TD Securities analyst maintained a Hold rating on Trican Well Service today and set a price target of C$5.50. The company's shares closed yesterday at $3.87. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Trican Well Service has an analyst consensus of Moderate Buy, with a price target consensus of $4.17, which is a 7.89% upside from current levels. In a report released yesterday, BMO Capital also maintained a Hold rating on the stock with a C$6.00 price target. The company has a one-year high of $3.85 and a one-year low of $2.60. Currently, Trican Well Service has an average volume of 38.18K. Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TOLWF in relation to earlier this year.
Business Insider
05-07-2025
- Business
- Business Insider
Raymond James upgrades Trican Well Service (TOLWF) to a Buy
In a report released today, from Raymond James upgraded Trican Well Service to a Buy, with a price target of C$6.50. The company's shares closed yesterday at $3.87. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Trican Well Service has an analyst consensus of Moderate Buy, with a price target consensus of $4.17, implying a 7.89% upside from current levels. In a report released on June 26, RBC Capital also maintained a Buy rating on the stock with a C$6.00 price target. TOLWF market cap is currently $602.3M and has a P/E ratio of 8.94. Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TOLWF in relation to earlier this year.
CTV News
03-07-2025
- Business
- CTV News
Trican Well Service buying Iron Horse Energy Services in stock-and-cash deal
The logo of Trican Well Service Ltd. is shown. THE CANADIAN PRESS/Handout - Trican Well Service Ltd. CALGARY — Trican Well Service Ltd. has signed a deal to buy Iron Horse Energy Services, a privately owned fracturing and coiled tubing services provider. Under the deal, the company will pay $77.35 million in cash and 33.76 million Trican common shares making the deal worth about $231 million based on Trican's share price on Wednesday. Trican also says it will increase its quarterly base dividend by 10 per cent to 5.5 cents per share from five cents. The acquisition is expected to close in the second half of 2025. Trican chief executive Brad Fedora says the deal will increase Trican's customer base into both conventional and unconventional plays in Alberta and Saskatchewan. Iron Horse operates primarily in the Cardium, Charlie Lake, Mannville Stack, Viking, Montney and Shaunavon plays in the Western Canadian Sedimentary Basin. --- This report by The Canadian Press was first published July 3, 2025.
