Daniel Kim Halyk Buys 5,000 Shares of Total Energy Services (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) Director Daniel Kim Halyk purchased 5,000 shares of the firm’s stock in a transaction on Thursday, December 18th. The shares were purchased at an average price of C$14.80 per share, for a total transaction of C$74,000.00. Following the completion of the purchase, the director directly owned 855,000 shares of the company’s stock, valued at C$12,654,000. This represents a 0.59% increase in their ownership of the stock.

Total Energy Services Stock Down 0.9%

Shares of Total Energy Services stock traded down C$0.13 on Thursday, reaching C$14.72. 56,798 shares of the company were exchanged, compared to its average volume of 57,970. The company has a market cap of C$542.08 million, a P/E ratio of 9.20, a price-to-earnings-growth ratio of 1.77 and a beta of 0.98. The company has a debt-to-equity ratio of 27.27, a current ratio of 1.40 and a quick ratio of 1.09. The stock’s 50 day moving average price is C$14.27 and its 200-day moving average price is C$12.89. Total Energy Services Inc. has a 1-year low of C$8.40 and a 1-year high of C$15.59.

Total Energy Services (TSE:TOT) last issued its quarterly earnings data on Wednesday, November 12th. The company reported C$0.38 earnings per share for the quarter. Total Energy Services had a return on equity of 7.84% and a net margin of 4.90%.The company had revenue of C$260.70 million during the quarter. As a group, equities analysts forecast that Total Energy Services Inc. will post 2.0517598 EPS for the current year.

Total Energy Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, October 15th were issued a $0.10 dividend. The ex-dividend date of this dividend was Monday, September 29th. This represents a $0.40 annualized dividend and a yield of 2.7%. Total Energy Services’s dividend payout ratio is 24.38%.

Wall Street Analysts Forecast Growth

Separately, ATB Capital increased their price target on Total Energy Services from C$18.00 to C$19.50 and gave the stock an “outperform” rating in a research note on Thursday, October 23rd. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$19.50.

Total Energy Services Company Profile

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.