Insider Buying: Total Energy Services Inc. (TSE:TOT) Director Buys 5,000 Shares of Stock

Total Energy Services Inc. (TSE:TOT) Director Daniel Kim Halyk purchased 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 14th. The shares were purchased at an average cost of C$9.14 per share, with a total value of C$45,700.00.

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

• On Monday, July 8th, Daniel Kim Halyk purchased 3,000 shares of Total Energy Services stock. The shares were purchased at an average cost of C$9.15 per share, with a total value of C$27,450.00.
• On Friday, May 17th, Daniel Kim Halyk purchased 70,000 shares of Total Energy Services stock. The shares were purchased at an average cost of C$9.40 per share, with a total value of C$658,000.00.

Total Energy Services Trading Down 0.1 %

Shares of TOT traded down C$0.01 on Wednesday, hitting C$9.14. 10,460 shares of the stock traded hands, compared to its average volume of 42,623. The company has a quick ratio of 1.09, a current ratio of 1.31 and a debt-to-equity ratio of 27.21. The firm has a market capitalization of C$364.96 million, a P/E ratio of 11.15, a P/E/G ratio of 1.77 and a beta of 2.04. The stock’s 50 day moving average is C$9.39 and its two-hundred day moving average is C$9.63. Total Energy Services Inc. has a 1 year low of C$7.36 and a 1 year high of C$10.85.

Total Energy Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Monday, July 15th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date was Friday, June 28th. Total Energy Services’s dividend payout ratio is currently 43.90%.

Analysts Set New Price Targets

Separately, ATB Capital upped their target price on shares of Total Energy Services from C$16.50 to C$18.00 in a research report on Friday, August 9th.

About Total Energy Services

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.