Total Energy Services
Energy, Utilities & Waste · Canada · 1K - 5K Employees
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Overview
Headquarters
734 7 Ave SW Suite 1000, Calgary, Albert...Phone Number
(403) 216-3939Website
www.totalenergy.caRevenue
$627.9 MillionStock Symbol
TOTIndustry
ZI Rank: 6
Signal Type
Mar
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ZI Rank
7
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About Total Energy Services
Total Energy Services Inc. (Total) is a growth oriented energy services company based in Calgary, Alberta, Canada. Through various operating divisions and wholly-owned subsidiaries, Total is involved in four business lines: Contract drilling services, Contract well servicing, Rentals and transportation services, and fabrication, sale, rental and servicing of new and used equipment for both oil and gas processing and gas compression.Explore more
Total Energy Services Org Chart
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Company Profile Activity
Activity Insights
Total Energy Services is experiencing very low activity levels compared to other companies in the Energy, Utilities & Waste sector.
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Total Energy Services is drawing exceptional interest within the Energy, Utilities & Waste industry, suggesting notable developments or strong market momentum, learn more about Total Energy Services.
Total Energy Services financials insights
Gather financial insights about Total Energy Services, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2017
Debt
$225M
Total Energy Services Tech Stack
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Most Recent Scoops
Earnings
Total Energy Services has reported that during H1 2026, CAD 65.8 million was invested to maintain and grow the business, CAD 22.5 million was returned to shareholders through dividends and share buybacks, and bank debt was reduced by CAD 30 million, with the company exiting Q2 2026 with CAD 50.5 million of cash and CAD 150 million of available credit under revolving bank credit facilities.
Spending/Investment, Business Finance, Finance, Financial Operations, Financing & Debt
Earnings
Total Energy Services has reported that its CDS segment revenue increased 33% in Q2 2026 compared to Q2 2025, supported by a 24% year-over-year increase in operating days and a 7% increase in segment revenue per operating day, with segment EBITDA increasing 39% and segment EBITDA margin expanding by 110 basis points, or 333 basis points excluding CAD 2.3 million of non-recurring US expenses.
Earnings, Finance
Project
Total Energy Services has announced that its board of directors approved a CAD 32.7 million increase to the 2026 capital budget, of which CAD 24.9 million represents growth capital, including CAD 15.5 million budgeted for the recertification and upgrade of three service rigs and one drilling rig in Canada and one drilling rig in Australia, and CAD 9.4 million directed toward the purchase and refurbishment of 44 pieces of major rental equipment in the RTS segment for deployment throughout North America.
Spending/Investment, Board of Directors
Earnings
Total Energy Services has reported an 11% year-over-year increase in Q2 2026 well servicing segment revenue, driven by a 7% increase in revenue per service hour and a 4% increase in service hours, with segment EBITDA increasing 194% year-over-year due to higher pricing, increased utilization, cost optimization following rig upgrades, and the cessation of operating losses in the United States following the discontinuance of US well service operations in January 2026.
Earnings, Finance, Revenue Operations
Earnings
Earnings, Sales, Finance
Total Energy Services News & Media
Total Energy Services Inc. Announces Dividend
CALGARY, Alberta, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Total Energy Services Inc. (“Total Energy”) (TSX:TOT) announces that its Board of Directors has declared a quarterly dividend of $0.12 (Cdn.) per common share for the quarter ending September 30, 2026 on Total Energy’s outstanding common shares. The dividend is payable on October 15, 2026, to shareholders of record at the close of business on September 30, 2026.Total Energy Services Q2 Earnings Call Highlights
Total Energy Services (TSE:TOT) reported record quarterly revenue, EBITDA and net income for the second quarter of 2026, supported by demand for North American compression and process equipment and higher activity from upgraded drilling and service rigs in Canada and Australia. Consolidated revenueTotal Energy Services Inc. (TOT:CA) Q2 2026 Earnings Call Transcript
Total Energy Services Inc. (TOT:CA) Q2 2026 Earnings Call August 13, 2026 11:00 AM EDTCompany ParticipantsDaniel Halyk - President, CEO & DirectorYulia...Total Energy Services Inc. Announces Q2 2026 Results
CALGARY, Alberta, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Total Energy Services Inc. (“Total Energy” or the “Company”) (TSX:TOT) announces its consolidated financial results for the three months ended June 30, 2026.
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Total Energy Services Inc. (Total) is a growth oriented energy services company based in Calgary, Alberta, Canada. Through various operating divisions and wholly-owned subsidiaries, Total is involved in four business lines: Contract drilling services, Contract well servicing, Rentals and transportation services, and fabrication, sale, rental and se... Read More
