Total Energy Services Inc T.TOT

Alternate Symbol(s): TOTZF

Energy Oil & Gas Equipment & Services

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 servicing, and corporate. The CDS segment is engaged in the operation of approximately 94 drilling rigs. The rig fleet is supported by a fleet of owned top drives, walking systems, pumps and other ancillary equipment. The RTS segment operates in approximately 13 locations in western Canada and three locations in the United States. The CPS segment fabricates a full range of natural gas compression equipment as well as oil, natural gas and other process equipment. The Well Servicing segment operates approximately 79 well servicing rigs across western Canada, northwest United States and Australia.

TSX:TOT - Post by User

Total Energy Services Inc > Working capital

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Comment by Torontojayon Jul 21, 2020 10:08pm

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Post# 31299728

RE:RE:Working capital

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.

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