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Bullboard - Stock Discussion Forum Total Energy Services Inc T.TOT

Alternate Symbol(s):  TOTZF

Total Energy Services Inc. is a Canada-based energy services company. The Company provides a variety of products and services to the energy and other resource industries primarily in Canada, the United States and Australia. The Company operates through five segments: contract drilling services (CDS), rental and transportation services (RTS), compression and process services (CPS), well... see more

TSX:TOT - Post Discussion

Total Energy Services Inc > Working capital
View:
Post by Torontojay on Jun 19, 2020 8:42am

Working capital

I was comparing Precision Drilling to this company and I believe Total has more upside. As of this writing, we are currently trading below working capital which is around 124 million to a market cap of 107 million. Their long term assets outweighs their long term liabilities by a safe margin. 

Precision has working capital of 227 million to a market cap of 285 million. Also, Total's assets to equity ratio currently stands at 1.8 to Precision drilling's 2.16.

Comment by 2020oilgamble on Jul 21, 2020 3:02pm
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Comment by Torontojay on Jul 21, 2020 10:08pm
You would probably outperform the market if you just bought a basket of oil stocks and held them for several years. Yes oil is yesterday's news but we still need oil and  the risk/reward trade off has never been better. 
Comment by 2020oilgamble on Jul 22, 2020 4:46pm
This post has been removed in accordance with Community Policy
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