Insider Buying: Total Energy Services Inc. (TSE:TOT) Senior Officer Acquires 4,762 Shares of Stock

Total Energy Services Inc. (TSE:TOT – Get Rating) Senior Officer Yuliya Gorbach acquired 4,762 shares of the business’s stock in a transaction dated Thursday, January 19th. The shares were bought at an average price of C$7.58 per share, for a total transaction of C$36,095.96. Following the acquisition, the insider now owns 73,281 shares of the company’s stock, valued at C$555,469.98.

Yuliya Gorbach also recently made the following trade(s):

• On Thursday, November 24th, Yuliya Gorbach sold 100 shares of Total Energy Services stock. The stock was sold at an average price of C$8.85, for a total transaction of C$885.00.
• On Tuesday, November 22nd, Yuliya Gorbach sold 4,400 shares of Total Energy Services stock. The stock was sold at an average price of C$8.97, for a total transaction of C$39,468.00.
• On Thursday, November 17th, Yuliya Gorbach sold 25,000 shares of Total Energy Services stock. The stock was sold at an average price of C$8.97, for a total transaction of C$224,290.00.

Total Energy Services Trading Down 0.3 %

Shares of TSE:TOT opened at C$9.53 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.09 and a debt-to-equity ratio of 31.69. The company has a market capitalization of C$399.31 million and a PE ratio of 15.37. The business has a 50 day moving average of C$8.78 and a two-hundred day moving average of C$7.89. Total Energy Services Inc. has a 12-month low of C$5.94 and a 12-month high of C$9.87.

Total Energy Services (TSE:TOT – Get Rating) last released its quarterly earnings results on Wednesday, November 9th. The company reported C$0.40 EPS for the quarter, beating the consensus estimate of C$0.20 by C$0.20. The firm had revenue of C$207.68 million for the quarter, compared to analyst estimates of C$200.00 million. As a group, analysts forecast that Total Energy Services Inc. will post 1.4217233 EPS for the current year.

Total Energy Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, January 16th. Investors of record on Monday, January 16th were issued a $0.06 dividend. The ex-dividend date of this dividend was Thursday, December 29th. This represents a $0.24 dividend on an annualized basis and a yield of 2.52%. Total Energy Services’s payout ratio is 19.35%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Cormark increased their price objective on Total Energy Services from C$15.00 to C$16.00 in a report on Friday, November 11th. BMO Capital Markets upped their target price on Total Energy Services from C$12.00 to C$13.00 in a research report on Thursday, November 10th. ATB Capital lifted their price objective on shares of Total Energy Services from C$14.50 to C$16.00 in a research note on Thursday, November 10th. Canaccord Genuity Group raised their target price on shares of Total Energy Services from C$10.50 to C$16.00 in a report on Wednesday, November 16th. Finally, Stifel Nicolaus raised their target price on shares of Total Energy Services from C$13.50 to C$16.00 in a report on Friday, November 11th.

Total Energy Services Company Profile

(Get Rating)

Total Energy Services Inc provides various products and services to the oil and natural gas industry primarily in Canada, the United States, and Australia. It operates through four segments: Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing.