Kenneth Brandon Mullen Buys 2,300 Shares of Total Energy Services Inc. (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) Director Kenneth Brandon Mullen bought 2,300 shares of the company’s stock in a transaction that occurred on Monday, June 17th. The shares were bought at an average price of C$9.44 per share, with a total value of C$21,712.00.

Total Energy Services Trading Down 2.2 %

TOT opened at C$9.19 on Wednesday. The business has a 50 day simple moving average of C$9.61 and a two-hundred day simple moving average of C$9.26. The firm has a market capitalization of C$366.96 million, a price-to-earnings ratio of 11.21, a PEG ratio of 1.77 and a beta of 2.09. The company has a debt-to-equity ratio of 29.11, a current ratio of 1.64 and a quick ratio of 1.09. Total Energy Services Inc. has a one year low of C$7.36 and a one year high of C$10.85.

Total Energy Services (TSE:TOT) last released its quarterly earnings results on Thursday, May 9th. The company reported C$0.38 EPS for the quarter, missing analysts’ consensus estimates of C$0.46 by C($0.08). The business had revenue of C$204.69 million for the quarter, compared to the consensus estimate of C$235.35 million. Total Energy Services had a net margin of 3.85% and a return on equity of 6.12%. Analysts predict that Total Energy Services Inc. will post 1.7153558 EPS for the current year.

Total Energy Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Monday, July 15th will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 3.92%. The ex-dividend date of this dividend is Friday, June 28th. Total Energy Services’s dividend payout ratio is currently 43.90%.

Analyst Upgrades and Downgrades

TOT has been the subject of several analyst reports. Stifel Nicolaus increased their target price on Total Energy Services from C$15.00 to C$16.00 in a report on Monday, March 11th. ATB Capital upped their price target on 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.