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Total Energy Services Extends Credit Facilities to 2029

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Total Energy Services Extends Credit Facilities to 2029

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Royal Helium ( (DE:RD31) ) has issued an update.

Total Energy Services Inc. has extended its $170 million revolving syndicated bank credit facilities to January 10, 2029, without altering the terms and conditions. This extension provides the company with continued financial flexibility, supporting its operations and strategic initiatives in the energy sector.

Spark’s Take on DE:RD31 Stock

According to Spark, TipRanks’ AI Analyst, DE:RD31 is a Outperform.

Total Energy Services receives a strong overall score driven by robust earnings call results and positive technical analysis. The company’s low valuation metrics and solid financial performance further enhance its attractiveness. However, challenges in the U.S. and Canadian markets slightly temper the outlook.

To see Spark’s full report on DE:RD31 stock, click here.

More about Royal Helium

Total Energy Services Inc., headquartered in Calgary, Alberta, operates in the energy sector, providing contract drilling services, equipment rentals, transportation services, well servicing, and compression and process equipment services. The company serves the energy and other resource industries from operation centers in North America and Australia, and its shares are traded on the TSX under the symbol ‘TOT’.

Average Trading Volume: 2,000

Technical Sentiment Signal: Sell

Current Market Cap: €4.61M

See more data about RD31 stock on TipRanks’ Stock Analysis page.

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