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 contract drilling services, rentals and transportation services, well servicing and compression and process equipment and service to the energy and other resource industries from operation centers in North America and Australia. The Company operates through five segments: Contract Drilling Services (CDS), Rental and Transportation Services (RTS), Compression and Process Services (CPS), Well Servicing (WS) and Corporate. The CDS segment is engaged in the operation of approximately 105 drilling rigs. The rig fleet is supported by an extensive fleet of owned top drives, walking systems, pumps and other ancillary equipment. Its RTS segment is conducted from 15 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.

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Total Energy Services Inc

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Post by drunk@noonon Aug 31, 2024 1:25pm

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Post# 36204103

have a feeling nat gas biz is booming in N territory of Aus

3 basins with big time reserves and high nat gas prices. Total is adding 2 drilling rigs this year and one or more service rigs. Bodes well for future adds at what seems to be high margin dayrates.

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