Earnings Call Summary | TOTAL ENERGY SERVICES INC(TOTZF.US) Q1 2024 Earnings Conference
Earnings Call Summary | TOTAL ENERGY SERVICES INC(TOTZF.US) Q1 2024 Earnings Conference
The following is a summary of the Total Energy Services Inc. (TOTZF) Q1 2024 Earnings Call Transcript:
以下是道达尔能源服务公司（TOTZF）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Total Energy Services reported a 14% decrease in consolidated revenue for Q1 2024 compared to the same period last year, due to lower drilling activity in the U.S. and extended wet weather in Australia.
The company reported a 28% consolidated gross margin, an increase from 25% a year before.
Despite revenue decrease, CDS segment's Q1 EBITDA increased 10% year-over-year due to price increases, rig upgrades and cost management.
Company ended quarter with a positive working capital of $124.4 million, including $45 million in cash.
道达尔能源服务公司报告称，由于美国钻探活动减少以及澳大利亚持续的潮湿天气，2024年第一季度的合并收入与去年同期相比下降了14％。
该公司报告的合并毛利率为28％，高于去年同期的25％。
尽管收入下降，但由于价格上涨、钻机升级和成本管理，CDS板块第一季度的息税折旧摊销前利润同比增长了10％。
公司在本季度末的正营运资金为1.244亿美元，其中包括4,500万美元的现金。
Business Progress:
业务进展：
Company acquired Saxon Energy Services Australia, strengthening CDS segment operations.
A 13% increase in the company's dividend approved by the board.
Total Energy Services anticipate significant growth in the CPS segment's compression rental fleet and plans to introduce new rigs in Australia.
Company is working on increasing throughput without adding capacity by utilizing physical floor space creatively and adding shifts.
Significant investment in rental group should help enhance other lines of equipment with adequate supply.
公司收购了澳大利亚萨克森能源服务公司，加强了CDS板块的业务。
董事会批准将公司的股息增加13％。
Total Energy Services预计，CPS板块的压缩租赁机队将大幅增长，并计划在澳大利亚推出新的钻机。
公司正在努力通过创造性地利用物理占地面积和增加班次来增加吞吐量，同时不增加容量。
对租赁集团的大量投资应有助于增强供应充足的其他设备系列。
More details: TOTAL ENERGY SERVICES INC IR
更多详情： 道达尔能源服务公司
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由 AI 生成。无法完全保证内容的准确性。欲了解更多详情，请访问投资者关系网站。本文仅供投资者参考，不构成任何投资建议。