Total Energy Services Inc. (TSE:TOT) Director Glenn Orval James Dagenais Buys 1,700 Shares

Total Energy Services Inc. (TSE:TOT) Director Glenn Orval James Dagenais purchased 1,700 shares of the stock in a transaction on Thursday, September 5th. The shares were purchased at an average cost of C$9.27 per share, with a total value of C$15,756.96.

Total Energy Services Price Performance

TOT opened at C$9.27 on Friday. 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 50 day moving average of C$9.37 and a two-hundred day moving average of C$9.62. The company has a market cap of C$360.14 million, a P/E ratio of 8.83, a P/E/G ratio of 1.77 and a beta of 2.03. The company has a quick ratio of 1.09, a current ratio of 1.31 and a debt-to-equity ratio of 27.21.

Total Energy Services (TSE:TOT) last posted its earnings results on Thursday, August 8th. The company reported C$0.39 earnings per share for the quarter, beating the consensus estimate of C$0.25 by C$0.14. The business had revenue of C$213.33 million for the quarter, compared to analyst estimates of C$196.00 million. Total Energy Services had a net margin of 4.90% and a return on equity of 7.83%. On average, analysts expect that Total Energy Services Inc. will post 2.050885 earnings per share for the current year.

Total Energy Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.36 annualized dividend and a dividend yield of 3.88%. Total Energy Services’s payout ratio is 34.29%.

Wall Street Analyst Weigh In

Separately, ATB Capital lifted their price objective on 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.