Total Energy Services Inc. (TOT) to Issue Quarterly Dividend of $0.09 on October 15th

Total Energy Services Inc. (TSE:TOT) announced a quarterly dividend on Friday, August 30th, Zacks reports. Investors of record on Monday, September 30th will be given a dividend of 0.09 per share on Tuesday, October 15th. This represents a $0.36 annualized dividend and a yield of 3.84%. The ex-dividend date is Friday, September 27th.

Total Energy Services Trading Up 2.0 %

Shares of TOT stock opened at C$9.38 on Wednesday. Total Energy Services has a 1 year low of C$7.36 and a 1 year high of C$10.85. The firm has a market capitalization of C$364.41 million, a PE ratio of 8.93, a price-to-earnings-growth ratio of 1.77 and a beta of 2.03. The stock has a fifty day moving average of C$9.33 and a two-hundred day moving average of C$9.58. The company has a debt-to-equity ratio of 27.21, a quick ratio of 1.09 and a current ratio of 1.31.

Total Energy Services (TSE:TOT) last posted its quarterly earnings data on Thursday, August 8th. The company reported C$0.39 earnings per share for the quarter, topping the consensus estimate of C$0.25 by C$0.14. The business had revenue of C$213.33 million during the quarter, compared to the consensus estimate of C$196.00 million. Total Energy Services had a net margin of 4.90% and a return on equity of 7.83%. As a group, research analysts expect that Total Energy Services will post 2.0516854 EPS for the current year.

Insider Buying and Selling at Total Energy Services

In other Total Energy Services news, Director Daniel Kim Halyk bought 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 14th. The shares were acquired at an average cost of C$9.14 per share, for a total transaction of C$45,700.00. In related news, Director Daniel Kim Halyk bought 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 14th. The shares were acquired at an average cost of C$9.14 per share, for a total transaction of C$45,700.00. Also, insider Total Energy Services Inc bought 279,000 shares of the business’s stock in a transaction dated Friday, August 30th. The shares were bought at an average cost of C$9.41 per share, for a total transaction of C$2,624,748.30. In the last three months, insiders acquired 301,550 shares of company stock valued at $2,832,043. 7.63% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Separately, ATB Capital upped their target price on Total Energy Services from C$16.50 to C$18.00 in a research report on Friday, August 9th.

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.