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Total Energy Services Inc. (T:TOT)

Business Focus: Oil Related Services and Equipment

Sector:  Energy Industry:  Oil Related Services and Equipment
 
See Regulatory Filings on SEDAR
Company Contact
Address: 311 6 Ave SW Suite 800
CALGARY AB T2P 3H2
Tel: N/A
Website: www.totalenergy.ca
IR: See website
Key People
N/A    
Business Overview
Total Energy Services Inc is a Canada-based energy services company. The Company through operating divisions, wholly-owned subsidiaries and limited partnerships is involved in three business areas: contract drilling services (Chinook Drilling), rentals and transportation services (Total Oilfield Rentals); and the fabrication, sale, rental and servicing of new and used equipment for both oil and gas processing (Spectrum Process Systems) and gas compression (Bidell Gas Compression). The Company maintains an inventory of top drives, drill pipe and spare components to support its operations. The Company provides a platform for building long-term shareholder value, delivering investment returns while maintaining growth through a disciplined acquisition strategy and strategic internal growth.
Financial Overview
For the nine months ended 30 September 2019, Total Energy Services Inc revenues decreased 4% to C$605.9M. Net income decreased 87% to C$2M. Revenues reflect Contract Drilling Services segment decrease of 19% to C$127.2M, well servicing segment decrease of 9% to C$103.1M, Rentals and Transportation Services segment decrease of 13% to C$49.5M. Net income also reflects Rentals and Transportation Services segment loss increase from C$3.4M to C$16.9M.
Employees: 2,314 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $510.26M as of Sep 30, 2019
Annual revenue (TTM): $825.74M as of Sep 30, 2019
EBITDA (TTM): $98.53M as of Sep 30, 2019
Net annual income (TTM): $10.56M as of Sep 30, 2019
Free cash flow (TTM): -$0.25M as of Sep 30, 2019
Net Debt Last Fiscal Year: $302.58M as of Sep 30, 2019
Shares outstanding: 45,350,000 as of Sep 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization