Total Energy Services (TOTZF) Expected to Post Quarterly Earnings on Wednesday

Total Energy Services (OTCMKTS:TOTZF) is expected to issue its resultson Wednesday, November 11th. Analysts expect Total Energy Services to post earnings of $0.4846 per share and revenue of $258.55 million for the quarter.

Total Energy Services Price Performance

OTCMKTS TOTZF traded down $1.27 during trading hours on Wednesday, hitting $24.96. The company had a trading volume of 306 shares, compared to its average volume of 21,833. Total Energy Services has a fifty-two week low of $9.46 and a fifty-two week high of $28.85. The business has a fifty day simple moving average of $25.29 and a 200-day simple moving average of $18.35.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada initiated coverage on shares of Total Energy Services in a report on Thursday, September 24th. They set a “sector perform” rating for the company. One research analyst has rated the stock with a Hold rating. According to MarketBeat.com, Total Energy Services has an average rating of “Hold”.

Total Energy Services Company Profile

Total Energy Services Inc is a Canadian energy-services company that provides equipment and field services to oil and natural gas producers. Based in Calgary, Alberta, the company serves energy companies primarily in Western Canada and the United States.

The company’s operations include contract drilling, well servicing, equipment rentals, transportation, and the manufacture and repair of oilfield equipment. Its services support a range of activities across the life cycle of an oil or natural gas well, including drilling, completion, maintenance, and production.

Total Energy Services has expanded its operations over time through organic growth and acquisitions, including the acquisition of Savanna Energy Services Corp.