The earnings call highlighted strong revenue growth, free cash flow, and strategic initiatives like the Iron Horse acquisition and technological advancements. However, challenges such as pricing pressure, cost increases, and low natural gas prices were also noted. The sentiment is slightly positive given the overall financial performance and strategic moves, despite market challenges.

Company Guidance

During the Trican Well Service Second Quarter 2025 Earnings Conference Call, several key metrics were highlighted. Trican reported a revenue of $213.8 million for the quarter, with an adjusted EBITDA of $44.9 million, representing 21% of revenue. This was an increase from the $40.7 million or 19% of revenue in Q2 2024. The adjusted EBITDAS was $47.3 million or 22% of revenues, up from $45.2 million or 21% the previous year. The company generated positive earnings of $19.5 million, or $0.11 per share, and free cash flow of $24.4 million. Capital expenditures for the quarter were $16.3 million, with a focus on maintenance and upgrading to electric ancillary frac support equipment. The company maintained a solid balance sheet with $114.1 million in working capital, including $36.3 million in cash. Additionally, Trican repurchased 8 million shares at an average price of $4 per share. Looking forward, Trican's capital budget for 2025 remains at $70.4 million.

Increased Revenue and EBITDA

Trican reported revenue of $213.8 million with adjusted EBITDA of $44.9 million or 21% of revenue, up from $40.7 million or 19% of revenue in Q2 2024.

Strong Free Cash Flow

The company generated free cash flow of $24.4 million during the quarter.

Solid Balance Sheet

Trican exited the quarter with positive working capital of approximately $114.1 million, including cash of $36.3 million.

Share Repurchase and Dividend Increase

Trican repurchased and canceled 8 million shares under the NCIB program, and the Board approved a 10% increase to the quarterly base dividend.

Iron Horse Acquisition

Pending acquisition of Iron Horse, expected to close late this quarter or early next quarter, with positive customer feedback.

Technological Advancements

Plans for a 100% natural gas frac spread by next year, indicating advancement in sustainable technology.

Trican Well Service (TOLWF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TOLWF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 07, 2025	2025 (Q3)	0.11 / -	0.087	―	―	―
Jul 29, 2025	2025 (Q2)	0.06 / 0.08	0.058	37.50% (+0.02)	―
May 13, 2025	2025 (Q1)	0.11 / 0.12	0.138	-10.53% (-0.01)	―
Feb 20, 2025	2024 (Q4)	0.08 / 0.10	0.095	10.00% (<+0.01)	―
Oct 29, 2024	2024 (Q3)	0.08 / 0.09	0.124	-29.41% (-0.04)	―
Jul 30, 2024	2024 (Q2)	0.05 / 0.06	0.029	100.00% (+0.03)	―
May 14, 2024	2024 (Q1)	0.12 / 0.14	0.145	-5.00% (>-0.01)	―
Feb 21, 2024	2023 (Q4)	0.10 / 0.09	0.08	18.18% (+0.01)	―
Nov 10, 2023	2023 (Q3)	0.13 / 0.12	0.116	6.25% (<+0.01)	―
Aug 02, 2023	2023 (Q2)	<0.01 / 0.03	0.007	300.00% (+0.02)	―

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

TOLWF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 29, 2025	$4.05	$4.03	-0.49%
May 13, 2025	$3.01	$3.07	+1.99%
Feb 20, 2025	$3.20	$3.34	+4.37%
Oct 29, 2024	$3.00	$3.19	+6.33%

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.

FAQ

When does Trican Well Service (TOLWF) report earnings?

Trican Well Service (TOLWF) is schdueled to report earning on Nov 07, 2025, Before Open (Confirmed).

What is Trican Well Service (TOLWF) earnings time?

Trican Well Service (TOLWF) earnings time is at Nov 07, 2025, Before Open (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 (Q3) is 0.11.

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