Total Energy Services (TSE:TOT) Director Daniel Kim Halyk Purchases 5,000 Shares

Total Energy Services Inc. (TSE:TOT) Director Daniel Kim Halyk acquired 5,000 shares of Total Energy Services stock in a transaction dated Monday, May 25th. The shares were acquired at an average price of C$25.59 per share, with a total value of C$127,950.00. Following the completion of the acquisition, the director directly owned 2,245,000 shares of the company’s stock, valued at approximately C$57,449,550. The trade was a 0.22% increase in their ownership of the stock.

Total Energy Services Stock Down 5.9%

Shares of TSE TOT traded down C$1.60 during mid-day trading on Monday, reaching C$25.57. 122,222 shares of the company’s stock traded hands, compared to its average volume of 104,382. The stock has a market cap of C$937.52 million, a P/E ratio of 12.12, a PEG ratio of 1.77 and a beta of 0.54. The business has a 50-day simple moving average of C$23.21 and a 200 day simple moving average of C$18.49. Total Energy Services Inc. has a 1-year low of C$10.08 and a 1-year high of C$27.58. The company has a debt-to-equity ratio of 11.42, a current ratio of 1.35 and a quick ratio of 1.09.

Total Energy Services (TSE:TOT) last issued its quarterly earnings data on Tuesday, May 12th. The company reported C$0.65 earnings per share (EPS) for the quarter. The firm had revenue of C$314.90 million during the quarter. Total Energy Services had a net margin of 7.04% and a return on equity of 13.24%. On average, analysts expect that Total Energy Services Inc. will post 2.0517598 EPS for the current fiscal year.

Total Energy Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Tuesday, March 31st. Total Energy Services’s dividend payout ratio (DPR) is currently 19.91%.

Wall Street Analyst Weigh In

Separately, ATB Cormark Capital Markets boosted their price target on shares of Total Energy Services from C$20.00 to C$24.00 in a report on Thursday, March 12th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$24.00.

About Total Energy Services

Total Energy Services Inc is an energy services company. The operating segments of the company are Contract Drilling Services, Rentals & Transportation Services, Compression & Process Service, Well servicing, and Corporate. The company’s operations are conducted in Canada, the United States of America, and Australia.