Total Energy Services (TSE:TOT) Director Daniel Kim Halyk Acquires 5,000 Shares of Stock

Total Energy Services Inc. (TSE:TOT) Director Daniel Kim Halyk purchased 5,000 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were acquired at an average price of C$22.00 per share, for a total transaction of C$110,000.00. Following the acquisition, the director owned 860,000 shares of the company’s stock, valued at C$18,920,000. This trade represents a 0.58% increase in their position.

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

• On Monday, May 25th, Daniel Kim Halyk purchased 5,000 shares of Total Energy Services stock. The shares were acquired at an average price of C$25.59 per share, for a total transaction of C$127,950.00.

Total Energy Services Price Performance

Shares of TSE:TOT opened at C$21.76 on Thursday. The firm has a market cap of C$797.83 million, a PE ratio of 10.31, a price-to-earnings-growth ratio of 1.77 and a beta of 0.70. The firm’s fifty day moving average is C$24.02 and its 200-day moving average is C$19.72. The company has a debt-to-equity ratio of 11.42, a quick ratio of 1.09 and a current ratio of 1.35. Total Energy Services Inc. has a 52 week low of C$10.50 and a 52 week high of C$27.58.

Total Energy Services (TSE:TOT) last issued its quarterly earnings results on Tuesday, May 12th. The company reported C$0.65 EPS for the quarter. The company had revenue of C$314.90 million for the quarter. Total Energy Services had a net margin of 7.04% and a return on equity of 13.24%. Sell-side analysts predict that Total Energy Services Inc. will post 2.0517598 earnings per share for the current year.

Total Energy Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Tuesday, March 31st. Total Energy Services’s payout ratio is 19.91%.

Wall Street Analysts Forecast Growth

Separately, ATB Cormark Capital Markets boosted their target price on shares of Total Energy Services from C$20.00 to C$24.00 in a report on Thursday, March 12th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of C$24.00.

About Total Energy Services

Total Energy Services Inc is an energy services company. The operating segments of the company are Contract Drilling Services, Rentals & Transportation Services, Compression & Process Service, Well servicing, and Corporate. The company’s operations are conducted in Canada, the United States of America, and Australia.