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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
Tel: N/A
IR: See website
Key People
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 three months ended 31 March 2020, Total Energy Services Inc revenues decreased 40% to C$134.3M. Net income decreased 2% to C$4.7M. Revenues reflect compression and process Services segment decrease of 66% to C$40.7M, well servicing segment decrease of 9% to C$33.7M, Contract Drilling Services segment decrease of 6% to C$43M, United States segment decrease of 58% to C$31.4M, Canada segment decrease of 27% to C$69.5M.
Employees: 1,976 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $377.24M as of Jun 30, 2020
Annual revenue (TTM): $669.68M as of Jun 30, 2020
EBITDA (TTM): $108.04M as of Jun 30, 2020
Net annual income (TTM): $10.44M as of Jun 30, 2020
Free cash flow (TTM): -$8.56M as of Jun 30, 2020
Net Debt Last Fiscal Year: $271.78M as of Jun 30, 2020
Shares outstanding: 45,081,300 as of Apr 21, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization