Total Energy Services Inc (TSE:TOT) – Investment analysts at Cormark raised their Q2 2019 earnings per share (EPS) estimates for Total Energy Services in a research note issued to investors on Monday, May 13th. Cormark analyst A. Arif now forecasts that the company will post earnings of ($0.01) per share for the quarter, up from their previous forecast of ($0.10). Cormark also issued estimates for Total Energy Services’ Q3 2019 earnings at $0.14 EPS, Q4 2019 earnings at $0.21 EPS, FY2019 earnings at $0.45 EPS, Q2 2020 earnings at ($0.06) EPS, Q3 2020 earnings at $0.08 EPS and FY2020 earnings at $0.48 EPS.

Total Energy Services (TSE:TOT) last announced its quarterly earnings data on Thursday, March 7th. The company reported C$0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.17 by C$0.02. The company had revenue of C$219.85 million for the quarter, compared to the consensus estimate of C$228.47 million.

TOT has been the topic of a number of other research reports. TD Securities dropped their price target on Total Energy Services from C$11.50 to C$10.00 and set a “hold” rating on the stock in a research note on Friday, May 10th. BMO Capital Markets dropped their price target on Total Energy Services from C$12.00 to C$11.00 in a research note on Monday. Finally, AltaCorp Capital upgraded Total Energy Services from a “sector perform” rating to an “outperform” rating in a research note on Monday, January 28th.

TOT opened at C$9.68 on Thursday. Total Energy Services has a 1-year low of C$8.83 and a 1-year high of C$12.81. The company has a current ratio of 1.60, a quick ratio of 1.04 and a debt-to-equity ratio of 53.30. The firm has a market capitalization of $436.82 million and a P/E ratio of 17.38.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Tuesday, April 30th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 2.48%. The ex-dividend date of this dividend was Thursday, March 28th. Total Energy Services’s dividend payout ratio (DPR) is presently 43.09%.

In other news, insider Total Energy Services Inc acquired 5,000 shares of the firm’s stock in a transaction on Thursday, March 14th. The shares were purchased at an average cost of C$9.71 per share, with a total value of C$48,574.00. Following the acquisition, the insider now directly owns 20,000 shares in the company, valued at approximately C$194,296. In the last 90 days, insiders purchased 60,780 shares of company stock worth $591,251.

Total Energy Services Company Profile

Total Energy Services Inc provides diversified energy services. It operates through four segments: Contract Drilling Services; Rentals and Transportation Services; Compression and Process Services; and Well Servicing. The Contract Drilling Services segment offers contract drilling services to oil and gas exploration and development companies in the United States and Australia.

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Earnings History and Estimates for Total Energy Services (TSE:TOT)

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