Total Energy Q2 FY26 net income climbs 57% to CAD 26.78 million; revenue rises 31% to CAD 328.96 million

Reuters2026/08/12 21:03

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Total Energy posted record Q2 revenue of CAD 328.96 million, up 31%, with net income of CAD 26.78 million, up 57%.
Diluted EPS rose to CAD 0.72, while operating income climbed 51% to CAD 33.73 million.
EBITDA increased 34% to CAD 60.85 million, helped by a CAD 3 million higher gain on asset sales.
Compression and Process revenue rose 37% to CAD 182.37 million; fabrication sales backlog jumped 82% to CAD 554.5 million.
Capital spending budget for 2026 was lifted to CAD 120.1 million; cash was CAD 50.51 million, exceeding bank debt by CAD 25.5 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Total Energy Services Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608121700PRIMZONEFULLFEED9809052) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Total Energy Q2 FY26 net income climbs 57% to CAD 26.78 million; revenue rises 31% to CAD 328.96 million

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