Total Energy Services (TSE:TOT) Director Kenneth Brandon Mullen Purchases 1,205 Shares of Stock

Key Points

• Director Kenneth Brandon Mullen bought 1,205 shares of Total Energy Services at an average C$35.58 per share, investing C$42,873.90 and increasing his stake by 4.86% to 26,015 shares.
• Total Energy Services traded near C$35.78, close to its 12-month high of C$37.90, with a C$1.30 billion market capitalization. The company recently reported C$0.72 quarterly EPS and C$328.96 million in revenue.
• The company declared a quarterly dividend of $0.12 per share, equivalent to a 1.3% yield, while analysts maintained a consensus “Buy” rating with a C$33.00 price target.

Total Energy Services Inc. (TSE:TOT - Get Free Report) Director Kenneth Brandon Mullen acquired 1,205 shares of the firm's stock in a transaction that occurred on Monday, September 21st. The shares were bought at an average price of C$35.58 per share, for a total transaction of C$42,873.90. Following the completion of the purchase, the director owned 26,015 shares in the company, valued at C$925,613.70. This trade represents a 4.86% increase in their position.

Total Energy Services Price Performance

TSE:TOT traded down C$0.10 during mid-day trading on Monday, hitting C$35.78. 127,756 shares of the stock traded hands, compared to its average volume of 121,318. The business's 50-day moving average price is C$28.73 and its 200 day moving average price is C$24.93. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 8.05. Total Energy Services Inc. has a 12-month low of C$13.00 and a 12-month high of C$37.90. The company has a market cap of C$1.30 billion, a PE ratio of 15.03, a price-to-earnings-growth ratio of 1.77 and a beta of 0.81.

Total Energy Services (TSE:TOT - Get Free Report) last issued its quarterly earnings results 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 during the quarter. Total Energy Services had a return on equity of 14.51% and a net margin of 7.38%. On average, analysts expect that Total Energy Services Inc. will post 2.0517598 EPS for the current fiscal year.

Total Energy Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, September 29th. This represents a $0.48 annualized dividend and a dividend yield of 1.3%. Total Energy Services's payout ratio is 18.49%.

Analyst Upgrades and Downgrades

Separately, ATB Cormark Capital Markets increased their price objective on Total Energy Services from C$32.00 to C$33.00 and gave the stock an "outperform" rating in a report on Friday, July 10th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Total Energy Services presently has a consensus rating of "Buy" and an average price target of C$33.00.

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.

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