Total Energy Services Inc. (TSE:TOT) Director Daniel Kim Halyk Acquires 70,000 Shares

Total Energy Services Inc. (TSE:TOT - Get Free Report) Director Daniel Kim Halyk purchased 70,000 shares of the stock in a transaction dated Friday, May 17th. The stock was acquired at an average cost of C$9.40 per share, for a total transaction of C$658,000.00.

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

• On Monday, May 13th, Daniel Kim Halyk bought 7,373 shares of Total Energy Services stock. The shares were bought at an average price of C$9.64 per share, for a total transaction of C$71,075.72.
• On Friday, April 5th, Daniel Kim Halyk purchased 200 shares of Total Energy Services stock. The stock was bought at an average price of C$10.46 per share, with a total value of C$2,092.00.

Total Energy Services Price Performance

Shares of TOT stock traded down C$0.07 on Friday, reaching C$9.30. The company's stock had a trading volume of 45,071 shares, compared to its average volume of 47,168. The company has a market capitalization of C$371.54 million, a P/E ratio of 9.21, a PEG ratio of 1.77 and a beta of 2.09. Total Energy Services Inc. has a 12-month low of C$7.36 and a 12-month high of C$10.85. The stock's 50 day simple moving average is C$10.01 and its 200-day simple moving average is C$9.04. The company has a quick ratio of 1.09, a current ratio of 1.70 and a debt-to-equity ratio of 20.49.

Total Energy Services (TSE:TOT - Get Free Report) last released its quarterly earnings results on Thursday, March 7th. The company reported C($0.19) earnings per share for the quarter, missing the consensus estimate of C$0.35 by C($0.54). Total Energy Services had a net margin of 4.66% and a return on equity of 7.90%. The business had revenue of C$213.76 million during the quarter, compared to analysts' expectations of C$218.00 million. As a group, equities analysts predict that Total Energy Services Inc. will post 1.8544061 earnings per share for the current fiscal year.

Total Energy Services Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Monday, April 15th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date was Wednesday, March 27th. This is a boost from Total Energy Services's previous quarterly dividend of $0.08. Total Energy Services's payout ratio is currently 35.64%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Stifel Nicolaus raised their target price on Total Energy Services from C$15.00 to C$16.00 in a research note on Monday, March 11th. ATB Capital raised their price objective on shares of Total Energy Services from C$16.75 to C$17.00 in a research report on Monday, March 11th.

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.