Initiating coverage on a C$1B revenue TSX energy company that two analysts follow. Earnings tomorrow. Here's the setup.

Total Energy Services (TSX: TOT). C$1B revenue, earnings up 22% last year, record compression backlog of C$303.9M. They're buying back shares, and raising the dividend. The angle most people miss: Australia. Zero percent of revenue five years ago. Now 23-24% and management just put C$31.6M in new c