Insider Buying: Total Energy Services Inc. (TSE:TOT) Insider Buys C$1,310,416.77 in Stock

Total Energy Services Inc. (TSE:TOT) insider Total Energy Services Inc acquired 134,854 shares of the stock in a transaction that occurred on Friday, October 11th. The shares were bought at an average price of C$9.72 per share, with a total value of C$1,310,416.77.

Total Energy Services Inc also recently made the following trade(s):

• On Friday, August 30th, Total Energy Services Inc bought 279,000 shares of Total Energy Services stock. The shares were bought at an average cost of C$9.41 per share, for a total transaction of C$2,624,748.30.

Total Energy Services Stock Performance

Total Energy Services stock opened at C$9.56 on Friday. The business has a 50 day moving average of C$9.41 and a 200-day moving average of C$9.53. 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. The company has a market capitalization of C$371.41 million, a P/E ratio of 9.10, a P/E/G ratio of 1.77 and a beta of 2.02.

Total Energy Services (TSE:TOT) last announced its quarterly earnings results on Thursday, August 8th. The company reported C$0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.25 by C$0.14. The firm had revenue of C$213.33 million during 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%. On average, equities research analysts predict that Total Energy Services Inc. will post 2.0517598 earnings per share for the current year.

Total Energy Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 3.77%. The ex-dividend date was Friday, September 27th. Total Energy Services’s dividend payout ratio is currently 34.29%.

Analysts Set New Price Targets

Separately, ATB Capital raised their price objective on Total Energy Services from C$16.50 to C$18.00 in a report on Friday, August 9th.

Total Energy Services Company Profile

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.