Total Energy Services Inc. (TSE:TOT) Director Purchases C$44,400.00 in Stock

Total Energy Services Inc. (TSE:TOT) Director Daniel Kim Halyk acquired 4,800 shares of the firm’s stock in a transaction dated Friday, September 20th. The stock was bought at an average price of C$9.25 per share, with a total value of C$44,400.00.

Daniel Kim Halyk also recently made the following trade(s):

• On Wednesday, September 18th, Daniel Kim Halyk acquired 5,000 shares of Total Energy Services stock. The stock was bought at an average price of C$9.20 per share, with a total value of C$46,000.00.
• On Wednesday, August 14th, Daniel Kim Halyk acquired 5,000 shares of Total Energy Services stock. The stock was bought at an average price of C$9.14 per share, with a total value of C$45,700.00.
• On Monday, July 8th, Daniel Kim Halyk acquired 3,000 shares of Total Energy Services stock. The stock was bought at an average price of C$9.15 per share, with a total value of C$27,450.00.

Total Energy Services Trading Down 0.6 %

Shares of TSE:TOT opened at C$9.19 on Monday. Total Energy Services Inc. has a 52-week low of C$7.36 and a 52-week high of C$10.85. The company has a market capitalization of C$357.03 million, a P/E ratio of 8.75, a price-to-earnings-growth ratio of 1.77 and a beta of 2.03. The company has a 50-day simple moving average of C$9.34 and a 200 day simple moving average of C$9.59. The company has a debt-to-equity ratio of 27.21, a quick ratio of 1.09 and a current ratio of 1.31.

Total Energy Services (TSE:TOT) last issued its earnings results on Thursday, August 8th. The company reported C$0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.25 by C$0.14. The business had revenue of C$213.33 million during the quarter, compared to the consensus estimate of C$196.00 million. Total Energy Services had a net margin of 4.90% and a return on equity of 7.83%. Sell-side analysts forecast that Total Energy Services Inc. will post 2.0516854 earnings per share for the current year.

Total Energy Services Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.36 annualized dividend and a yield of 3.92%. Total Energy Services’s dividend payout ratio (DPR) is presently 34.29%.

Wall Street Analyst Weigh In

Separately, ATB Capital raised their target price on shares of Total Energy Services from C$16.50 to C$18.00 in a research note on Friday, August 9th.

Total Energy Services Company Profile

Total Energy Services Inc operates as an energy services company primarily in Canada, the United States, and Australia. It operates through Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing segments. The Contract Drilling Services segment operates a fleet of various drilling rigs supported by an extensive fleet of owned top drives, walking systems, pumps, and other ancillary equipment.