Total Energy Services Inc. Announces Preliminary 2026 Capital Expenditure Budget and Dividend Increase
Globenewswire·2026-01-13 13:00
CALGARY, Alberta, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Total Energy Services Inc. (TSX:TOT) ("Total Energy" or the “Company”) announces its preliminary 2026 capital expenditure budget of $55.8 million, which includes $34.8 million of maintenance capital and $21.0 million of growth capital. The Company intends to finance its capital expenditure program with cash on hand and cash flow from operations. $28.4 million of the 2026 maintenance capital budget will be directed towards equipment maintenance and re-certi ...