Total Energy Services Inc. provides various products and services to the oil and natural gas industry primarily in Canada, the United States, and Australia. It operates through four segments: Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing. The Contract Drilling Services segment offers contract drilling services to oil and gas exploration and development companies. As of December 31, 2021, it operated a total fleet of 95 drilling rigs. The Rentals and Transportation Services segment provides drilling, completion and production rental equipment, and oilfield transportation services in western Canada and in the United States. This segment owned and operated a fleet of 79 heavy trucks. The Compression and Process Services segment offers gas compression services; and designs and packages skid style compressors and proprietary trailer-mounted compressors under the NOMAD brand in Canada and the United States, the European Union, Australia, and Mexico. It had 53,800 horsepower of compression in its rental fleet. The Well Servicing segment offers well services. This segment operated a total fleet of 83 well servicing rigs across Western Canada, mid-western United States, and Australia. The company was founded in 1996 and is headquartered in Calgary, Canada.
Total Energy Services Dividend Announcement
• Total Energy Services announced a quarterly dividend of $0.07 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-27
• Total Energy Services annual dividend for 2024 was $0.22
• Total Energy Services annual dividend for 2023 was $0.24
• Total Energy Services's trailing twelve-month (TTM) dividend yield is 2.8%
• Total Energy Services's payout ratio for the trailing twelve months (TTM) is 31.19%
Total Energy Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | $0.07 | quarterly | 2024-10-15 |
2024-06-28 | $0.07 | quarterly | 2024-07-15 |
2024-03-28 | $0.09 | quarterly | |
2023-12-28 | $0.06 | quarterly | 2024-01-15 |
2023-09-28 | $0.06 | quarterly | 2023-10-16 |
2023-06-29 | $0.06 | quarterly | 2023-07-17 |
2023-03-30 | $0.06 | quarterly | 2023-04-17 |
2022-12-29 | $0.04 | quarterly | 2023-01-16 |
2022-09-28 | $0.04 | quarterly | 2022-10-17 |
2022-06-29 | $0.05 | quarterly | 2022-07-15 |
2019-12-30 | $0.05 | quarterly | 2020-01-31 |
2019-09-27 | $0.05 | quarterly | 2019-10-31 |
2019-06-27 | $0.05 | quarterly | 2019-07-31 |
2019-03-28 | $0.06 | quarterly | 2019-04-30 |
2018-12-28 | $0.04 | quarterly | 2019-01-31 |
2018-09-27 | $0.05 | quarterly | 2018-10-31 |
2018-06-28 | $0.05 | quarterly | 2018-07-31 |
2018-03-28 | $0.05 | quarterly | 2018-04-30 |
2017-12-28 | $0.05 | quarterly | 2018-01-31 |
2017-09-28 | $0.05 | quarterly | 2017-10-31 |
2017-06-28 | $0.04 | quarterly | 2017-07-31 |
2017-03-29 | $0.04 | quarterly | 2017-04-28 |
2016-12-28 | $0.04 | quarterly | |
2016-09-28 | $0.04 | quarterly | |
2016-06-28 | $0.05 | quarterly | |
2016-03-29 | $0.04 | quarterly | |
2015-12-29 | $0.04 | quarterly | |
2015-09-28 | $0.04 | quarterly | |
2015-06-26 | $0.05 | quarterly | |
2015-03-27 | $0.05 | quarterly | |
2014-12-29 | $0.05 | quarterly | |
2014-09-26 | $0.05 | quarterly | |
2014-06-26 | $0.06 | quarterly | |
2014-03-27 | $0.05 | quarterly | |
2013-12-27 | $0.05 | quarterly | |
2013-09-26 | $0.05 | quarterly | |
2013-06-26 | $0.05 | quarterly | |
2013-03-26 | $0.05 | quarterly | |
2012-12-27 | $0.05 | quarterly | |
2012-09-26 | $0.05 | quarterly | |
2012-06-27 | $0.05 | quarterly | |
2012-03-28 | $0.05 | quarterly | |
2011-12-28 | $0.04 | quarterly | |
2011-09-28 | $0.04 | quarterly |
Total Energy Services Dividend per year
Total Energy Services Dividend growth
Total Energy Services Dividend Yield
Total Energy Services current trailing twelve-month (TTM) dividend yield is 2.8%. Interested in purchasing Total Energy Services stock? Use our calculator to estimate your expected dividend yield:
Total Energy Services Financial Ratios
Total Energy Services Dividend FAQ
Other factors to consider when evaluating Total Energy Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Total Energy Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Total Energy Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Total Energy Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Total Energy Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Total Energy Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Total Energy Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Total Energy Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Total Energy Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Total Energy Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.