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Bullboard - Stock Discussion Forum
Total Energy Services Inc
TOTZF
Primary Symbol:
T.TOT
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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TSX:TOT - Post Discussion
Total Energy Services Inc
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•••
Elchico1973
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Post by
Elchico1973
on Aug 11, 2023 4:34pm
Whipping Post
Anyone have any theories why we've taking such a merciless beating the last couple days?
(164)
•••
Northforce13
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Comment by
Northforce13
on Aug 13, 2023 12:20am
Q2 comps came in much weaker than many peers, who had great Q2 comps because they have a much larger U.S. presence and Q2 is the weakest quarter in Canada + Investards = price decline ... Q3 is likely to be pretty good and likely we will see strengthening of share price when compared to peers. Long a small amount here, it's the best managed Canadian
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