Total Engy Serv Inc. (TSE:TOT)
TSX:TOT
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Earnings Data
Report Date
Aug 06, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.42Last Year’s EPS
0.45Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a largely positive operating and financial picture: strong consolidated revenue growth (+25% YoY), significant CPS momentum (revenue +55%, backlog +68%), material improvements in Well Servicing (EBITDA +110%), and a very healthy balance sheet and liquidity position. Offsetting these positives were margin compression (consolidated gross margin down 260 bps), segment-specific profitability pressures (CDS and RTS EBITDA declines), a sizeable noncash share-based compensation charge (~$6.5M), supply-chain lead-time challenges, and ongoing reactivation costs in the U.S. Overall, the company is positioned for growth with substantial backlog and capacity expansion plans, while managing near-term margin and operational headwinds.Company Guidance
Strong Consolidated Revenue Growth
Consolidated revenue increased 25% year-over-year for Q1 2026, driven primarily by higher activity and CPS segment growth.
Compression & Process Services (CPS) Surge
CPS segment revenue rose 55% year-over-year; CPS contributed $58.4 million of the revenue increase. CPS segment EBITDA increased $6.1 million (39% YoY).
Record Fabrication Backlog
Fabrication sales backlog was $446.9 million at March 31, 2026, up $181.5 million or 68% versus March 31, 2025, providing visibility well into 2027.
Improved Well Servicing Results
Well Servicing revenue increased 6% YoY (driven by +2% revenue per service hour and +4% operating hours) and segment EBITDA rose 110% YoY due to stronger Australian and Canadian performance and the cessation of U.S. operating losses.
CDS Operational Improvements in Australia
CDS segment revenue increased 7% YoY; Australian operating days increased 38% and segment revenue per operating day rose 11% (driven by upgraded rigs and higher day rates in Australia and Canada).
Strong Balance Sheet and Liquidity
At March 31, 2026 Total Energy had $113.4 million of positive working capital, including approximately $91.4 million of cash. Cash exceeded bank debt by $46.4 million and the company repaid $10 million of bank debt during the quarter.
Very Conservative Leverage Ratios
Senior bank debt to bank-defined EBITDA was negative 0.19x (net cash position) and bank-defined EBITDA to interest expense was 51.1x, reflecting strong interest coverage.
Capacity Expansion & Operational Momentum
U.S. fabrication expansion in Weirton, WV is underway and expected to nearly double U.S. compression fabrication capacity by Q1 2027. In Australia current active fleet reached 13 drilling rigs and 8 service rigs; new rigs/upgrades are scheduled in Australia and Canada with expected commissioning into 2027.
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 12, 2026 | C$23.56 | C$25.00 | +6.11% |
Mar 10, 2026 | C$18.28 | C$18.92 | +3.48% |
Nov 12, 2025 | C$14.82 | C$13.43 | -9.40% |
Aug 05, 2025 | C$11.58 | C$11.78 | +1.69% |
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 Engy Serv Inc. (TSE:TOT) report earnings?
Total Engy Serv Inc. (TSE:TOT) is schdueled to report earning on Aug 06, 2026, TBA (Confirmed).
What is Total Engy Serv Inc. (TSE:TOT) earnings time?
Total Engy Serv Inc. (TSE:TOT) earnings time is at Aug 06, 2026, TBA (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 2026 (Q2) is 0.42.