Q2 Earnings Estimate for TSE:CFW Issued By Atb Cap Markets

Calfrac Well Services Ltd. (TSE:CFW) – Research analysts at Atb Cap Markets cut their Q2 2026 earnings per share (EPS) estimates for shares of Calfrac Well Services in a research report issued on Thursday, May 15th. Atb Cap Markets analyst W. Syed now forecasts that the company will post earnings of $0.23 per share for the quarter, down from their previous forecast of $0.28. The consensus estimate for Calfrac Well Services’ current full-year earnings is $0.38 per share. Atb Cap Markets also issued estimates for Calfrac Well Services’ Q3 2026 earnings at $0.24 EPS, FY2026 earnings at $0.46 EPS and FY2027 earnings at $0.56 EPS.

Separately, Royal Bank of Canada dropped their price objective on Calfrac Well Services from C$4.50 to C$3.75 and set a “sector perform” rating on the stock in a research note on Thursday, April 17th.

Calfrac Well Services Trading Down 2.1%

TSE:CFW opened at C$3.30 on Monday. The stock has a market capitalization of C$282.71 million, a PE ratio of 10.08, a price-to-earnings-growth ratio of -0.30 and a beta of 1.65. The business’s 50-day simple moving average is C$3.49 and its 200-day simple moving average is C$3.72. The company has a debt-to-equity ratio of 57.80, a current ratio of 2.23 and a quick ratio of 1.33. Calfrac Well Services has a fifty-two week low of C$2.98 and a fifty-two week high of C$4.64.

Insider Transactions at Calfrac Well Services

In related news, Director Charles Pellerin acquired 75,800 shares of the stock in a transaction dated Monday, April 14th. The stock was bought at an average cost of C$3.20 per share, for a total transaction of C$242,560.00. Also, Director Anuroop Duggal bought 15,000 shares of the firm’s stock in a transaction that occurred on Monday, April 7th. The shares were acquired at an average cost of C$3.43 per share, with a total value of C$51,450.00. In the last three months, insiders have purchased 1,245,400 shares of company stock valued at $4,538,791. 46.88% of the stock is owned by corporate insiders.

About Calfrac Well Services

Calfrac Well Services Ltd provides specialized oilfield services, including hydraulic fracturing, coiled tubing, cementing, and other well completion services to the oil and natural gas industries in Canada, the United States, Russia, and Argentina. It generates maximum revenue from the United States.