Q4 Earnings Estimate for TSE:TOT Issued By Atb Cap Markets

Total Energy Services Inc. (TSE:TOT) – Atb Cap Markets cut their Q4 2024 earnings per share estimates for Total Energy Services in a report issued on Tuesday, November 12th. Atb Cap Markets analyst T. Monachello now forecasts that the company will post earnings of $0.38 per share for the quarter, down from their prior forecast of $0.53. The consensus estimate for Total Energy Services’ current full-year earnings is $2.05 per share. Atb Cap Markets also issued estimates for Total Energy Services’ Q1 2025 earnings at $0.57 EPS, Q2 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.60 EPS, FY2025 earnings at $2.12 EPS and FY2026 earnings at $2.13 EPS.

Separately, ATB Capital lifted their price target on Total Energy Services from C$18.00 to C$19.00 in a research note on Tuesday.

Total Energy Services Stock Up 1.1 %

Total Energy Services stock opened at C$11.60 on Friday. The company has a debt-to-equity ratio of 27.21, a current ratio of 1.31 and a quick ratio of 1.09. Total Energy Services has a 1-year low of C$7.36 and a 1-year high of C$11.61. The company has a market cap of C$450.66 million, a PE ratio of 10.95, a price-to-earnings-growth ratio of 1.77 and a beta of 2.02. The stock’s 50 day moving average price is C$9.72 and its 200 day moving average price is C$9.52.

Insiders Place Their Bets

In related news, Director Daniel Kim Halyk acquired 4,800 shares of Total Energy Services stock in a transaction dated Friday, September 20th. The shares were acquired at an average cost of C$9.25 per share, for a total transaction of C$44,400.00. Also, insider Total Energy Services Inc acquired 134,854 shares of Total Energy Services stock in a transaction dated Friday, October 11th. The stock was bought at an average price of C$9.72 per share, for a total transaction of C$1,310,416.77. Over the last ninety days, insiders have bought 431,204 shares of company stock worth $4,096,630. 7.73% of the stock is owned by corporate insiders.

Total Energy Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a dividend of $0.09 per share. The ex-dividend date was Friday, September 27th. This represents a $0.36 dividend on an annualized basis and a yield of 3.10%. Total Energy Services’s payout ratio is 34.29%.

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.