Canada's Trican Q4 revenue misses estimates

Overview

• Canada energy services firm's Q4 revenue missed analyst expectations

• Adjusted EBITDAS for 2025 rose 9% yr/yr

• Company increased quarterly dividend by 10%

Outlook

• Trican expects improved activity levels in Q1 2026 due to stabilized oil prices

• Company anticipates sustained drilling activity in WCSB through 2026 and beyond

Result Drivers

• ACQUISITION IMPACT - Revenue growth attributed to the acquisition of Iron Horse Coiled Tubing Inc., expanding fracturing and coiled tubing services

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the oil related services and equipment peer group is "buy"

• Wall Street's median 12-month price target for Trican Well Service Ltd is C$6.88, about 3% below its February 18 closing price of C$7.09

• The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nNFC1nDdDT

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