Calgary, Alberta--(Newsfile Corp. - July 29, 2025) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") is pleased to announce its second quarter results for 2025. The following news release should be read in conjunction with Management's Discussion and Analysis ("MD&A"), the unaudited condensed consolidated interim financial statements and related notes for the three and six months ended June 30, 2025, as well as the Annual Information Form ("AIF") for the year ended December 31, 2024. All of ...

Company Performance - Liberty Oilfield Services reported quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.14 per share, and down from $0.61 per share a year ago [1] - The quarterly report represents an earnings surprise of -14.29%, while the previous quarter saw a positive surprise of +33.33% [2] - The company posted revenues of $1.04 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 3.70%, but down from $1.16 billion year-over-year [3] Stock Performance - Liberty Oilfield Services shares have lost about 33.4% since the beginning of the year, contrasting with the S&P 500's gain of 8.1% [4] - The current consensus EPS estimate for the coming quarter is $0.06 on revenues of $985.9 million, and $0.29 on revenues of $3.88 billion for the current fiscal year [8] Industry Outlook - The Oil and Gas - Field Services industry is currently in the bottom 4% of over 250 Zacks industries, indicating a challenging environment for stocks in this sector [9] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment [6]

Core Viewpoint - Liberty Energy Inc. (LBRT) is expected to report second-quarter earnings on July 24, with earnings estimated at 15 cents per share and revenues at $1.01 billion, reflecting significant year-over-year declines in both metrics [1][9]. Group 1: Recent Performance - In the previous quarter, LBRT reported adjusted net income of 4 cents per share, exceeding the Zacks Consensus Estimate by 1 cent, driven by improved operational efficiency and higher utilization of its frac and wireline fleets [3]. - The company's revenues for the last quarter were $977.5 million, surpassing the Zacks Consensus Estimate by 3.4% [3]. - LBRT has beaten the Zacks Consensus Estimate three times in the last four quarters, with an average surprise of 6.98% [3]. Group 2: Q2 Earnings Expectations - The Zacks Consensus Estimate for second-quarter earnings indicates a 75.41% year-over-year decline, while revenues are expected to decrease by 13.04% from the previous year's $1.16 billion [4][5][9]. - Factors contributing to the anticipated revenue decline include a subdued global macroeconomic environment and fluctuating energy prices, which typically affect demand for hydraulic fracturing services [6]. Group 3: Cost Management - LBRT is expected to see a reduction in operating expenses, projected to reach $963.3 million, down 5.4% from the previous year [7]. - The cost of services is anticipated to decrease from $835.8 million to $783.6 million, which may help mitigate the impact of lower revenues [7][9]. Group 4: Earnings Prediction Model - The Zacks model does not indicate a conclusive earnings beat for LBRT this quarter, with an Earnings ESP of -6.21% and a Zacks Rank of 4 (Sell) [8][10].