Total Energy Services Inc. (TSE:TOT) Declares Quarterly Dividend of $0.12

Total Energy Services Inc. (TSE:TOT) declared a quarterly dividend on Tuesday, September 29th. Shareholders of record on Thursday, October 15th will be paid a dividend of $0.12 per share on Thursday, October 15th. This represents a $0.48 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 29th.

Total Energy Services Stock Down 4.3%

Shares of TOT stock traded down C$1.57 during mid-day trading on Friday, hitting C$34.93. 190,932 shares of the stock traded hands, compared to its average volume of 124,163. The stock has a market cap of C$1.27 billion, a P/E ratio of 14.68, a P/E/G ratio of 1.77 and a beta of 0.81. The stock’s fifty day moving average is C$29.97 and its two-hundred day moving average is C$25.49. Total Energy Services has a 52-week low of C$13.00 and a 52-week high of C$37.90. The company has a debt-to-equity ratio of 8.05, a current ratio of 1.24 and a quick ratio of 1.09.

Total Energy Services (TSE:TOT) last issued its quarterly earnings data on Wednesday, August 12th. The company reported C$0.72 earnings per share (EPS) for the quarter. The firm had revenue of C$328.96 million for the quarter. Total Energy Services had a net margin of 7.38% and a return on equity of 14.51%. Equities analysts predict that Total Energy Services will post 2.0517598 EPS for the current year.

Insider Activity at Total Energy Services

In other Total Energy Services news, insider Bradley John Macson sold 20,000 shares of the firm’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of C$30.21, for a total value of C$604,200.00. Following the completion of the transaction, the insider owned 185,744 shares of the company’s stock, valued at approximately C$5,611,326.24. This trade represents a 9.72% decrease in their ownership of the stock. Also, insider Total Energy Services Inc acquired 314,804 shares of the stock in a transaction dated Tuesday, June 30th. The shares were bought at an average price of C$24.01 per share, with a total value of C$7,558,444.04. Following the completion of the purchase, the insider directly owned 326,814 shares of the company’s stock, valued at approximately C$7,846,804.14. This trade represents a 2,621.18% increase in their position. Over the last 90 days, insiders have acquired 317,319 shares of company stock worth $7,636,909 and have sold 33,800 shares worth $780,360. 7.73% of the stock is owned by corporate insiders.

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.