TOT.to - Total Energy Services

[tyska]

Funny how earnings are virtually unnoticed anymore with all the background Europe news. But some companies keep plugging along. Hopefully they may raise the div. or buy back the debentures.

 

 

"          Three Months Ended Sept 30  Nine Months Ended Sept 30

                                    (Unaudited)                (Unaudited)

                        2011    2010 % Change      2011    2010% Change

                    --------------------------------------------------------

Revenue            $  87,882$  56,060      57% $ 235,146$ 151,959      55%

Operating Earnings                                                         

(1)                  28,821  12,157      137%    65,027  28,583    128%

EBITDA (1)            34,734  17,092      103%    83,426  43,539      92%

Cashflow (1)          35,020  19,853      76%    83,529  46,541      79%

Net Income            20,603    7,910      160%    45,825  19,594    134%

                                                                           

Per Share Data                                                             

(Diluted)                                                                 

EBITDA (1)          $    0.98$    0.54      81% $    2.38$    1.39      71%

Cashflow (1)            0.99    0.63      57%      2.39    1.49      60%

Net Earnings            0.61    0.25      144%      1.38    0.63    119%

 

 

Read more: http://www.benzinga.com/pressreleases/11/11/m2110186/total-energy-services-inc-announces-q3-2011-results#ixzz1dGjybpOu

"

Total Energy's financial position remains strong with a long-term debt (including $69 million of principal amount of convertible debentures) to long-term debt plus equity ratio of 0.21 to 1.0 and no net debt as at September 30, 2011. The Company's $35 million secured bank facility is currently fully available and unutilized.

 

Read more: http://www.benzinga.com/pressreleases/11/11/m2110186/total-energy-services-inc-announces-q3-2011-results#ixzz1dGkPItLr

 

[soycapital]

TOT  :) has been very good to me over the years. Just need to get in at the right time. Buy in a taxable account in order to write off the foreign taxes.

[tyska]

Some companies just keep raking in the cash.

 

http://finance.yahoo.com/news/total-energy-services-inc-announces-140639060.html

 

"Total Energy's results for the three months ended March 31, 2012 represent record quarterly financial results for the Company. These results were achieved despite the earlier arrival of spring breakup relative to the prior year, which negatively impacted equipment utilization for the quarter."

 

"Total Energy's financial condition remains solid with a long-term debt (including convertible debentures) to long-term debt plus equity ratio of 0.19 to 1.0, $130.2 million of positive working capital (including $40.8 million, or $1.30 per share, of cash) and no net debt as at March 31, 2012. Total Energy's $35 million operating facility is currently fully available and undrawn."

 

They seem to be staying with what they know how to do.