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Total Energy Services plans $61.9 million in capital spending for 2025
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Total Energy Services Inc. Announces Preliminary 2025 Capital Expenditure Budget
CALGARY, Alberta, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Total Energy Services Inc. (TSX:TOT) ("Total" or the “Company”) announces its preliminary 2025 capital expenditure budget of $61.9 million which ...
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Total Energy Services plans $61.9 million in capital spending for 2025
Total Energy also says $16.6 million of 2024 capital spending commitments will carry forward into 2025. Total Energy Services Inc. says it is planning $61.9 million in capital spending for 2025.
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Total Energy Services plans $61.9 million in capital spending for 2025
Total Energy also says $16.6 million of 2024 capital spending commitments, primarily related to Australian drilling and service rig upgrades, will carry forward into 2025.
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Total Energy Services plans $61.9 million in capital spending for 2025
The company says the plan comprises $34.3 million of expansion capital and $27.6 million for equipment maintenance and recertifications.