Total Energy Services Inc Buys 148,923 Shares of Total Energy Services (TSE:TOT) Stock

Key Points

• Total Energy Services Inc. acquired 148,923 shares of its own stock at an average price of C$12.59 per share, totaling approximately C$1.87 million.
• The company's stock increased by 0.7% to C$13.81, with a market capitalization of C$513.54 million and a P/E ratio of 8.12.
• Total Energy Services announced a quarterly dividend of $0.10 per share, providing a yield of 2.9%, with the ex-dividend date set for September 29th.

Total Energy Services Inc. (TSE:TOT - Get Free Report) insider Total Energy Services Inc purchased 148,923 shares of the stock in a transaction dated Friday, August 29th. The stock was bought at an average cost of C$12.59 per share, with a total value of C$1,874,925.68. Following the transaction, the insider owned 148,923 shares in the company, valued at C$1,874,925.68. The trade was a ∞ increase in their ownership of the stock.

Total Energy Services Inc also recently made the following trade(s):

• On Monday, July 14th, Total Energy Services Inc acquired 44,000 shares of Total Energy Services stock. The shares were purchased at an average cost of C$10.83 per share, for a total transaction of C$476,528.80.

Total Energy Services Stock Up 0.7%

Total Energy Services stock traded up C$0.10 during midday trading on Friday, reaching C$13.81. The company's stock had a trading volume of 33,062 shares, compared to its average volume of 58,572. The stock's 50-day simple moving average is C$12.35 and its 200-day simple moving average is C$10.76. The company has a debt-to-equity ratio of 27.27, a current ratio of 1.40 and a quick ratio of 1.09. The stock has a market capitalization of C$513.54 million, a P/E ratio of 8.12, a PEG ratio of 1.77 and a beta of 1.24. Total Energy Services Inc. has a 52-week low of C$8.40 and a 52-week high of C$13.89.

Total Energy Services Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, October 15th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Monday, September 29th. Total Energy Services's payout ratio is presently 22.35%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.