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Total Energy Services (TSE:TOT)
:TOT
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.33Last Year’s EPS
0.39Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 7.44%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with significant growth in Australian operations and CPS segment, offset by challenges in North American markets, especially in well servicing and gross margin declines. The company's financial position remains strong, supporting strategic investments and expansions.Company Guidance
During the Total Energy's First Quarter 2025 Results Conference Call, several key metrics were highlighted. For the three months ending March 31, 2025, Total Energy's consolidated revenue increased by 23% compared to Q1 2024, driven by the acquisition of Saxon, upgrades in Australian drilling rigs, and increased activity in the Compression and Process Services (CPS) segment. The first-quarter consolidated EBITDA rose by 17% to CAD 7.2 million. Geographically, 47% of revenue came from Canada, 31% from the United States, and 21% from Australia. By segment, CPS contributed 42% of the revenue, while the Contract Drilling Services (CDS) and Well Servicing segments experienced revenue increases of 12% and 34%, respectively. Despite a 25% consolidated gross margin, down from 28% the previous year, the CPS segment saw a 51% rise in operating income. The company's financial position remained robust with CAD 78.9 million in positive working capital and a senior debt bank debt ratio of 0.09 times, showcasing a stable outlook despite global economic uncertainties.Revenue Growth
Consolidated first quarter revenue was 23% higher compared to Q1 of 2024.
EBITDA Increase
First quarter consolidated EBITDA was CAD 7.2 million, a 17% increase compared to 2024.
Australian Operations Success
Australian first quarter operating days increased by 70%, contributing to a 124% year-over-year increase in first quarter Australian revenue and a 15-fold increase in operating income.
Compression and Process Services (CPS) Performance
First quarter revenue in the CPS segment was 37% higher compared to 2024, with a 51% year-over-year increase in operating income.
CPS Sales Backlog
The CPS sales backlog at March 31, 2025, increased by CAD 76.4 million, or 40%, compared to December 31, 2024.
TSE:TOT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:TOT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | C$9.28 | C$9.69 | +4.42% |
Mar 06, 2025 | C$9.08 | C$9.10 | +0.22% |
Nov 07, 2024 | C$10.38 | C$10.34 | -0.39% |
Aug 08, 2024 | C$8.82 | C$8.94 | +1.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Total Energy Services (TSE:TOT) report earnings?
Total Energy Services (TSE:TOT) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Total Energy Services (TSE:TOT) earnings time?
Total Energy Services (TSE:TOT) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:TOT EPS forecast?
TSE:TOT EPS forecast for the fiscal quarter 2025 (Q2) is 0.33.