Insider Buying: Total Energy Services (TSE:TOT) Director Buys C$110,000.00 in Stock

Total Energy Services Inc. (TSE:TOT) Director Daniel Kim Halyk purchased 5,000 shares of the stock in a transaction dated Wednesday, June 17th. The shares were bought at an average cost of C$22.00 per share, for a total transaction of C$110,000.00. Following the completion of the purchase, the director owned 860,000 shares in the company, valued at approximately C$18,920,000. This trade represents a 0.58% increase in their ownership of the stock.

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

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

Total Energy Services Price Performance

TOT stock opened at C$22.17 on Friday. The company has a debt-to-equity ratio of 11.42, a quick ratio of 1.09 and a current ratio of 1.35. Total Energy Services Inc. has a 1 year low of C$10.50 and a 1 year high of C$27.58. The stock’s 50 day moving average price is C$24.01 and its 200 day moving average price is C$19.79. The firm has a market cap of C$812.86 million, a P/E ratio of 10.51, a PEG ratio of 1.77 and a beta of 0.70.

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

Total Energy Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th were given a $0.12 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.48 annualized dividend and a yield of 2.2%. Total Energy Services’s dividend payout ratio (DPR) is 19.91%.

Wall Street Analyst Weigh In

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

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.