Total Energy Services Inc (TSE:TOT) – Equities researchers at Cormark issued their Q1 2020 earnings per share (EPS) estimates for Total Energy Services in a research report issued on Monday, May 13th. Cormark analyst A. Arif anticipates that the company will post earnings per share of $0.24 for the quarter. Cormark also issued estimates for Total Energy Services’ Q4 2020 earnings at $0.22 EPS.

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

Other equities research analysts have also issued research reports about the stock. BMO Capital Markets lowered their target price on shares of Total Energy Services from C$12.00 to C$11.00 in a report on Monday. TD Securities lowered their target price on shares of Total Energy Services from C$11.50 to C$10.00 and set a “hold” rating on the stock in a report on Friday, May 10th. Finally, AltaCorp Capital upgraded shares of Total Energy Services from a “sector perform” rating to an “outperform” rating in a report on Monday, January 28th.

TOT opened at C$9.64 on Wednesday. The company has a current ratio of 1.60, a quick ratio of 1.04 and a debt-to-equity ratio of 53.30. Total Energy Services has a fifty-two week low of C$8.83 and a fifty-two week high of C$12.84. The stock has a market capitalization of $436.82 million and a P/E ratio of 17.31.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Tuesday, April 30th were issued a $0.06 dividend. The ex-dividend date was Thursday, March 28th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.49%. Total Energy Services’s dividend payout ratio is presently 43.09%.

In other Total Energy Services news, insider Total Energy Services Inc bought 3,200 shares of the stock in a transaction that occurred on Tuesday, May 14th. The shares were bought at an average price of C$9.39 per share, for a total transaction of C$30,057.92. Following the acquisition, the insider now directly owns 3,200 shares of the company’s stock, valued at approximately C$30,057.92. Insiders purchased a total of 60,780 shares of company stock worth $591,251 in the last 90 days.

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.

See Also: Diversification Important in Investing

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