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Trican Well Service (TOLWF)
OTHER OTC:TOLWF
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.1Last Year’s EPS
0.13Same Quarter Last Year
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: 1.83%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a generally positive sentiment with strong financial performance and strategic initiatives like dividend increases and technology modernization. However, concerns over potential U.S. tariffs and pricing pressures were notable challenges.Company Guidance
During the Trican Well Service's Fourth Quarter 2024 earnings call, CFO Scott Matson reported revenues of $275.5 million and an adjusted EBITDA of $55.6 million, representing 20% of revenues. This was slightly down from the previous year's Q4 EBITDA of $56.4 million or 22% of revenues. The company generated positive earnings of $27.6 million or $0.14 per share, with free cash flow amounting to $33.9 million. Capital expenditures for the quarter totaled $18.7 million, with $14.2 million allocated to maintenance capital and $4.5 million to upgrade capital, focusing on electrification and equipment upgrades. For 2025, Trican has planned a $70 million capital budget targeting maintenance, growth initiatives, and technology enhancements, including a $10 million investment in a new ERP platform and AI capabilities. Additionally, the company repurchased and canceled 3.1 million shares in Q4 under the NCIB program and announced an 11% increase in quarterly dividends, maintaining an annual payout of approximately $36 million.Strong Financial Position
Trican exited the quarter with positive working capital of approximately $128 million and cash of about $26 million. They generated positive earnings of $27.6 million, translating to $0.14 per share.
Increase in Dividend
The Board of Directors approved a dividend of $0.05 per share for this quarter, reflecting an increase of 11% from the previous quarterly dividend.
Fracturing Division Performance
Q4 revenue was up about 17% year-over-year and EBITDA was up about 13% in the fracturing division.
Technology Modernization Initiative
Trican is undertaking a significant technology modernization initiative with a 2025 investment of approximately $10 million, aimed at enhancing operational efficiency and incorporating artificial intelligence.
Coiled Tubing Revenue Growth
Coiled tubing revenue was up 12% year-over-year and EBITDA was up almost 80%, with high utilization rates in Q1.
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TOLWF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TOLWF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $3.27 | $3.42 | +4.59% |
| Oct 29, 2024 | $3.07 | $3.26 | +6.19% |
| Jul 30, 2024 | $3.49 | $3.58 | +2.58% |
| May 14, 2024 | $3.08 | $3.08 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Trican Well Service (TOLWF) report earnings?
Trican Well Service (TOLWF) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Trican Well Service (TOLWF) earnings time?
Trican Well Service (TOLWF) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TOLWF EPS forecast?
TOLWF EPS forecast for the fiscal quarter 2025 (Q1) is 0.1.
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