Insider Buying: Total Energy Services Inc. (TSE:TOT) Director Purchases 3,143 Shares of Stock

Total Energy Services Inc. (TSE:TOT) Director Daniel Kim Halyk purchased 3,143 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The shares were bought at an average price of C$11.55 per share, for a total transaction of C$36,301.65.

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

• On Friday, September 27th, Daniel Kim Halyk acquired 3,900 shares of Total Energy Services stock. The stock was bought at an average price of C$9.25 per share, with a total value of C$36,075.00.
• On Wednesday, September 25th, Daniel Kim Halyk bought 600 shares of Total Energy Services stock. The shares were purchased at an average price of C$9.40 per share, for a total transaction of C$5,640.00.
• On Monday, September 23rd, Daniel Kim Halyk bought 500 shares of Total Energy Services stock. The stock was purchased at an average cost of C$9.20 per share, with a total value of C$4,600.00.
• On Friday, September 20th, Daniel Kim Halyk purchased 4,800 shares of Total Energy Services stock. The shares were purchased at an average cost of C$9.25 per share, for a total transaction of C$44,400.00.
• On Wednesday, September 18th, Daniel Kim Halyk acquired 5,000 shares of Total Energy Services stock. The stock was purchased at an average cost of C$9.20 per share, with a total value of C$46,000.00.

Total Energy Services Price Performance

Shares of TOT opened at C$11.71 on Thursday. 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 Inc. has a fifty-two week low of C$7.36 and a fifty-two week high of C$11.96. The firm has a 50-day simple moving average of C$10.17 and a 200-day simple moving average of C$9.64. The company has a market capitalization of C$454.93 million, a price-to-earnings ratio of 11.15, a price-to-earnings-growth ratio of 1.77 and a beta of 2.02.

Total Energy Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a dividend of $0.09 per share. The ex-dividend date was Friday, September 27th. This represents a $0.36 dividend on an annualized basis and a yield of 3.07%. Total Energy Services’s payout ratio is 34.29%.

Analysts Set New Price Targets

Separately, ATB Capital lifted their target price on shares of Total Energy Services from C$18.00 to C$19.00 in a report on Tuesday, November 12th.

About Total Energy Services

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.