Total Energy Services Inc.

Total Energy Services Inc. announced today that it has filed a Notice with the Toronto Stock Exchange to undertake a normal course issuer bid that will expire on October 1, 2019. Total Energy has been informed that the TSX has accepted its notice to make the normal course issuer bid. All purchases of common shares will be effected through the facilities of the TSX and one or more of the Canadian alternative trading [...]

Total Energy Services Inc. announces that its Board of Directors has declared a quarterly dividend of $0.06 per common share for the quarter ending September 30, 2018 on Total Energy’s outstanding common shares. The dividend is payable on October 31, 2018 to shareholders of record at the close of business on September 28, 2018. The ex-dividend date is September 27, 2018. Headquartered in Calgary, Alberta, Total [...]

Total Energy Services Inc. announces its consolidated financial results for the three and six months ended June 30, 2018. Financial Highlights Three Months Ended June 30 Six Months Ended June 30 2018 2017 Change 2018 2017 Change Revenue $ 193,823 $ 154,922 25 % $ 399,038 $ 239,274 67 % Operating Income 3,956 n/m 11,516 n/m EBITDA 23,226 6,577 253 % 50,881 14,519 250 % Cashflow 22,472 10,903 106 % 43,621 18,724 133 % Net [...]

CALGARY, Alberta, July 04, 2018 -- Total Energy Services Inc. will conduct a conference call and webcast following the release of its financial results for the three months ended June 30, 2018. The financial results will be released prior to the conference call. Daniel Halyk, President and CEO, will host the call. Open to: Shareholders and other interested persons Date: August 10, 2018 Time: 9:00 a.m. Call: 319-4610 or [...]

CALGARY, Alberta, June 01, 2018 -- Total Energy Services Inc. announces that its Board of Directors has declared a quarterly dividend of $0.06 per common share for the quarter ending June 30, 2018 on Total Energy’s outstanding common shares. The dividend is payable on July 31, 2018 to shareholders of record at the close of business on June 29, 2018. The ex-dividend date is June 28, 2018. Headquartered in Calgary [...]

CALGARY, Alberta, May 25, 2018 -- Total Energy Services Inc. has repaid $67.53 million principal amount of 7.0% senior unsecured notes issued by its wholly-owned subsidiary Savanna Energy Services Corp. together with $2.34 million of accrued interest thereon . Repayment of the Savanna Indebtedness was funded by a $50 million draw on Total’s $290 million primary revolving bank credit facilities and $19.9 million of [...]

CALGARY, Alberta, May 17, 2018 -- Total Energy Services Inc. announces that the following matters were voted upon at the Company’s annual meeting of Shareholders on May 17, 2018 . A total of 40,169,145 common shares, representing 86.89% of Total’s issued and outstanding shares as at the Record Date for the Meeting, were represented in person or by proxy at the Meeting. Matter Voted Upon Outcome of Vote Votes [...]

CALGARY, Alberta, May 11, 2018 -- Total Energy Services Inc. is pleased to announce that it has entered into an agreement with Pason Systems Inc. to collaborate in the development and deployment of drilling automation and optimization technologies. The agreement between Total Energy and Pason contemplates that Total Energy’s contract drilling services segment will cooperate with Pason to offer Savanna [...]

CALGARY, Alberta, May 10, 2018 -- Total Energy Services Inc. announces its consolidated financial results for the three months ended March 31, 2018. Financial Highlights Three months ended March 31 2018 2017 Change Revenue $ 205,215 $ 84,532 143% Operating income 7,560 nm EBITDA 27,655 7,942 248% Cashflow 21,149 7,821 170% Net income 3,328 nm Attributable to shareholders 3,164 nm Per Share Data EBITDA $ 0.60 $ 0.25 140 [...]

CALGARY, Alberta, April 25, 2018 -- Total Energy Services Inc. has increased its existing revolving credit facilities by $65 million to $290 million . The Credit Facility has also been extended to June 2021 and, subject to certain terms and conditions including the agreement of existing lenders to increase their commitments, Total may elect to increase amounts available to it under the Credit Facility, at any time during [...]