Total Energy Services Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Daniel Kim Halyk
- Full Time Employees
- 2,384
- Sector
- Industrial services
- Industry
- Oilfield services/Equipment
- Address
- 734-7th Avenue S.W Calgary AB Canada T2P 3P8
- IPO Date
- Dec 14, 1998
- Website
- totalenergy.ca
- Similar Companies
- Business
- Total Energy Services Inc. (TSX:TOT) is a diversified energy services company that provides contract drilling services through a fleet of approximately 103 drilling rigs supported by top drives, walking systems, pumps, and ancillary equipment; rentals and transportation services from 15 locations in western Canada and three in the United States, including surface rental equipment for oil and natural gas drilling, completion, and production; well servicing under the Savanna brand offering completion, workover, maintenance, and abandonment services; and compression and process services encompassing the fabrication, sale, rental, and servicing of natural gas compression equipment as well as oil, natural gas, and other process equipment. Founded in 1996 and headquartered in Calgary, Alberta, Canada, the company operates primarily in Canada, the United States, and Australia, targeting the energy and resource industries with equipment and expertise for drilling, completion, production, transportation, and processing needs. In June 2025, its wholly owned U.S. subsidiary Total Oilfield Rentals Inc. (TORUS) acquired a fleet of approximately 280 pieces of surface rental equipment and substantial ancillary inventory operating in Oklahoma for US$6.4 million in cash, establishing a presence in the Oklahoma drilling and completions rental market and increasing the U.S. rental fleet by 30%; more recently in October 2025, the company extended its existing credit facilities and announced plans to repurchase shares, while reporting Q3 2025 results in November 2025.
Company News
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Total Energy Services: Still Attractive After The Run-Up
Total Energy Services Inc. (TOT:CA) Q3 2025 Earnings Call Transcript
Total Energy Services Inc. Plans To Repurchase Shares
Total Energy Services Inc. Extends Existing Credit Facilities