Glenn Orval James Dagenais Buys 1,700 Shares of Total Energy Services Inc. (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) Director Glenn Orval James Dagenais bought 1,700 shares of the business’s stock in a transaction dated Thursday, September 5th. The stock was acquired at an average cost of C$9.27 per share, for a total transaction of C$15,756.96.

Total Energy Services Stock Down 1.2 %

Total Energy Services stock opened at C$9.16 on Friday. The stock has a 50 day moving average of C$9.36 and a two-hundred day moving average of C$9.62. Total Energy Services Inc. has a twelve month low of C$7.36 and a twelve month high of C$10.85. The stock has a market capitalization of C$355.87 million, a price-to-earnings ratio of 8.72, a PEG ratio of 1.77 and a beta of 2.03. The company has a current ratio of 1.31, a quick ratio of 1.09 and a debt-to-equity ratio of 27.21.

Total Energy Services (TSE:TOT) last issued its quarterly earnings results on Thursday, August 8th. The company reported C$0.39 earnings per share for the quarter, topping 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 the consensus estimate of C$196.00 million. Total Energy Services had a return on equity of 7.83% and a net margin of 4.90%. As a group, research analysts expect that Total Energy Services Inc. will post 2.050885 earnings per share for the current year.

Total Energy Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.09 per share. The ex-dividend date of this dividend is Monday, September 30th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.93%. Total Energy Services’s dividend payout ratio (DPR) is 34.29%.

Wall Street Analyst Weigh In

Separately, ATB Capital raised their price objective on shares of Total Energy Services from C$16.50 to C$18.00 in a research 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.