Total Energy Services Inc. Plans Quarterly Dividend of $0.09 (TSE:TOT)

Total Energy Services Inc. (TSE:TOT) declared a quarterly dividend on Friday, June 28th, Zacks reports. Investors of record on Monday, July 15th will be given a dividend of 0.09 per share on Monday, July 15th. This represents a $0.36 annualized dividend and a dividend yield of 3.81%. The ex-dividend date is Friday, June 28th.

Total Energy Services Stock Performance

TOT opened at C$9.44 on Thursday. The company has a debt-to-equity ratio of 29.11, a current ratio of 1.64 and a quick ratio of 1.09. The firm has a fifty day moving average price of C$9.51 and a 200 day moving average price of C$9.31. Total Energy Services has a 1 year low of C$7.36 and a 1 year high of C$10.85. The stock has a market cap of C$376.94 million, a P/E ratio of 11.51, a P/E/G ratio of 1.77 and a beta of 2.09.

Total Energy Services (TSE:TOT) last posted its earnings results on Thursday, May 9th. The company reported C$0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.46 by C($0.08). The firm had revenue of C$204.69 million during the quarter, compared to analyst estimates of C$235.35 million. Total Energy Services had a net margin of 3.85% and a return on equity of 6.12%. Equities research analysts anticipate that Total Energy Services will post 1.7153558 earnings per share for the current year.

Wall Street Analyst Weigh In

TOT has been the subject of a number of research reports. Stifel Nicolaus upped their target price on shares of Total Energy Services from C$15.00 to C$16.00 in a report on Monday, March 11th. ATB Capital upped their target price on shares of Total Energy Services from C$16.75 to C$17.00 in a report on Monday, March 11th.

Insider Transactions at Total Energy Services

In other news, insider Total Energy Services Inc acquired 815,543 shares of the company’s stock in a transaction that occurred on Friday, May 31st. The stock was purchased at an average price of C$9.60 per share, with a total value of C$7,832,719.63. In other news, Director Daniel Kim Halyk acquired 70,000 shares of the company’s stock in a transaction that occurred on Friday, May 17th. The stock was purchased at an average price of C$9.40 per share, with a total value of C$658,000.00. Also, insider Total Energy Services Inc acquired 815,543 shares of the company’s stock in a transaction that occurred on Friday, May 31st. The stock was purchased at an average cost of C$9.60 per share, with a total value of C$7,832,719.63. Insiders acquired 898,866 shares of company stock valued at $8,619,064 over the last 90 days. 7.42% of the stock is currently owned by corporate insiders.

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.