Total Energy Services Inc. - TSE:TOT

Company Website 

Company Highlights: 

  • Total provides energy services (compression, contract drilling, rentals and transportation services and well servicing) in Canada, the US and Australia.
  • Revenues in Q2/22 were $161M up 73% from $93.2M in Q2/21. They had EBITDA of $24.3M up from $16.7M in Q2/21. Net debt at the end of the quarter was a low $126M.
  • TOT has 42.2M shares outstanding with insiders owning 7% of the shares. They have a quarterly dividend of six cents (24 cents annually that provide a 3.5% yield).
  • We see TOT generating $2.37 per share in cash flow this year. We have a $25.00 per share Bull Market Peak target.
     
Daniel Halyk
Daniel Halyk
President & CEO
Mr. Halyk is the founder of Total Energy and has served as a director since its inception in November 1996 and Chief Executive Officer since 2002. Mr. Halyk co-founded Trident Capital Partners in 1997, a private limited partnership that invested primarily in the energy and real estate industries until 2021. Prior to starting Trident Capital, Mr. Halyk was a corporate/securities lawyer with Bennett Jones in Calgary. Mr. Halyk received his Bachelor of Commerce (Finance Major) and Bachelor of Laws from the University of Saskatchewan.