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

Total Energy Services Inc. (TSE:TOT) Director Daniel Kim Halyk purchased 4,800 shares of the company’s stock in a transaction dated Friday, September 20th. The stock was acquired 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 purchased 5,000 shares of Total Energy Services stock. The stock was acquired 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 purchased 5,000 shares of Total Energy Services stock. The stock was acquired 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 purchased 3,000 shares of Total Energy Services stock. The stock was acquired at an average price of C$9.15 per share, with a total value of C$27,450.00.

Total Energy Services Stock Performance

Shares of TSE:TOT opened at C$9.19 on Monday. The company’s 50 day simple moving average is C$9.34 and its 200 day simple moving average is C$9.59. The stock has a market capitalization of C$357.03 million, a price-to-earnings ratio of 8.75, a price-to-earnings-growth ratio of 1.77 and a beta of 2.03. The company has a debt-to-equity ratio of 27.21, a current ratio of 1.31 and a quick ratio of 1.09. Total Energy Services Inc. has a 1 year low of C$7.36 and a 1 year high of C$10.85.

Total Energy Services (TSE:TOT) last announced its quarterly earnings data on Thursday, August 8th. The company reported C$0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.25 by C$0.14. The business had revenue of C$213.33 million for the quarter, compared to analysts’ expectations of C$196.00 million. Total Energy Services had a net margin of 4.90% and a return on equity of 7.83%. As a group, research analysts predict that Total Energy Services Inc. will post 2.0516854 EPS for the current fiscal year.

Total Energy Services Dividend Announcement

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

Analysts Set New Price Targets

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

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.