Total Energy Services (TSE:TOT) Director Daniel Kim Halyk Buys 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 Wednesday, June 17th. The stock was acquired at an average cost of C$22.00 per share, with a total value of C$110,000.00. Following the completion of the transaction, the director directly owned 860,000 shares of the company’s stock, valued at C$18,920,000. This trade represents a 0.58% increase in their position.

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

• On Monday, May 25th, Daniel Kim Halyk acquired 5,000 shares of Total Energy Services stock. The stock was acquired at an average cost of C$25.59 per share, with a total value of C$127,950.00.

Total Energy Services Stock Performance

Shares of TOT traded down C$0.29 during mid-day trading on Wednesday, hitting C$21.93. The company’s stock had a trading volume of 90,912 shares, compared to its average volume of 108,762. The stock’s 50-day moving average is C$24.02 and its two-hundred day moving average is C$19.67. The company has a debt-to-equity ratio of 11.42, a quick ratio of 1.09 and a current ratio of 1.35. The firm has a market capitalization of C$804.06 million, a PE ratio of 10.39, a price-to-earnings-growth ratio of 1.77 and a beta of 0.70. Total Energy Services Inc. has a one year low of C$10.50 and a one year high of C$27.58.

Total Energy Services (TSE:TOT) last issued its earnings results on Tuesday, May 12th. The company reported C$0.65 EPS for the quarter. The business had revenue of C$314.90 million during the quarter. Total Energy Services had a return on equity of 13.24% and a net margin of 7.04%. As a group, sell-side analysts anticipate that Total Energy Services Inc. will post 2.0517598 EPS for the current year.

Total Energy Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Tuesday, March 31st. Total Energy Services’s dividend payout ratio is presently 19.91%.

Wall Street Analysts Forecast Growth

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