Daniel Kim Halyk Purchases 5,000 Shares of Total Energy Services (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) Director Daniel Kim Halyk bought 5,000 shares of the company’s stock in a transaction dated Monday, May 25th. The shares were acquired at an average cost of C$25.59 per share, for a total transaction of C$127,950.00. Following the completion of the transaction, the director owned 2,245,000 shares of the company’s stock, valued at approximately C$57,449,550. The trade was a 0.22% increase in their position.

Total Energy Services Stock Up 2.2%

Shares of TSE TOT opened at C$26.12 on Wednesday. Total Energy Services Inc. has a 1 year low of C$10.19 and a 1 year high of C$27.58. The firm has a market cap of C$957.69 million, a price-to-earnings ratio of 12.38, a PEG ratio of 1.77 and a beta of 0.54. The company has a debt-to-equity ratio of 11.42, a quick ratio of 1.09 and a current ratio of 1.35. The stock’s 50-day simple moving average is C$23.32 and its 200-day simple moving average is C$18.58.

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 return on equity of 13.24% and a net margin of 7.04%.The business had revenue of C$314.90 million for the quarter. As a group, equities analysts anticipate that Total Energy Services Inc. will post 2.0517598 earnings per share for the current fiscal year.

Total Energy Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Tuesday, March 31st. Total Energy Services’s payout ratio is 19.91%.

Wall Street Analyst Weigh In

Separately, ATB Cormark Capital Markets lifted their price target on shares of Total Energy Services from C$20.00 to C$24.00 in a research note on Thursday, March 12th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Total Energy Services currently has an average rating of “Buy” and an average target price of C$24.00.

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.