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Total Energy Services Q1 Earnings Call Highlights
Key takeaways
- Total Energy Services Q1 Earnings Call Highlights Market Beat Sun, May 17, 2026 at 12:12 AM GMT+7 8 min read TOT.TO TOT.NE Key Points Interested in Total Energy Services Inc.?
- Results were held back by a large increase in share-based compensation, including CAD 6.3 million of non-cash expense tied to a 52% rise in the company’s share price;
- The company ended the quarter in a net cash position with CAD 91.4 million in cash and continued to invest in growth, including rig upgrades in Canada and Australia and an expansion of U.S.
Total Energy Services Q1 Earnings Call Highlights Market Beat Sun, May 17, 2026 at 12:12 AM GMT+7 8 min read TOT.TO TOT.NE Key Points Interested in Total Energy Services Inc.? Here are five stocks we like better.
Total Energy Services reported a 25% year-over-year rise in first-quarter revenue and higher EBITDA, driven mainly by strong demand in its Compression and Process Services segment and improved rig deployments in Australia and Canada.
Results were held back by a large increase in share-based compensation, including CAD 6.3 million of non-cash expense tied to a 52% rise in the company’s share price; management said results would have been record quarterly financials without that charge.
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