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

Total Energy Services Inc. (TSE:TOT) Director Daniel Kim Halyk acquired 5,000 shares of the company’s stock in a transaction dated Wednesday, June 17th. The stock was purchased at an average cost of C$22.00 per share, for a total transaction of C$110,000.00. Following the purchase, the director directly owned 860,000 shares in the company, valued at approximately C$18,920,000. This 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 acquired 5,000 shares of Total Energy Services stock. The stock was purchased at an average price of C$25.59 per share, with a total value of C$127,950.00.

Total Energy Services Trading Down 0.2%

Shares of TOT stock opened at C$21.71 on Friday. The stock has a 50-day simple moving average of C$24.00 and a 200 day simple moving average of C$19.77. Total Energy Services Inc. has a fifty-two week low of C$10.50 and a fifty-two week high of C$27.58. The stock has a market capitalization of C$796.00 million, a P/E ratio of 10.29, a P/E/G ratio of 1.77 and a beta of 0.70. The company has a quick ratio of 1.09, a current ratio of 1.35 and a debt-to-equity ratio of 11.42.

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

Total Energy Services Announces Dividend

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

Analyst Upgrades and Downgrades

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