Total Energy Services Inc Expected to Earn Q3 2019 Earnings of $0.20 Per Share (TOT)
Total Energy Services Inc (TSE:TOT) – Analysts at Cormark issued their Q3 2019 earnings per share (EPS) estimates for Total Energy Services in a report released on Friday, November 16th. Cormark analyst A. Arif forecasts that the company will earn $0.20 per share for the quarter. Cormark has a “Buy” rating and a $15.00 price target on the stock. Cormark also issued estimates for Total Energy Services’ Q4 2019 earnings at $0.28 EPS.
Several other research firms have also commented on TOT. Canaccord Genuity lifted their price target on Total Energy Services from C$16.00 to C$17.00 in a report on Friday, August 17th. TD Securities lifted their price target on Total Energy Services from C$17.00 to C$17.50 and gave the stock a “buy” rating in a report on Monday, August 13th. BMO Capital Markets reduced their price target on Total Energy Services from C$16.00 to C$13.00 in a report on Monday, August 13th. Finally, CIBC reduced their price target on Total Energy Services from C$14.00 to C$12.50 in a report on Tuesday, October 16th.
In other Total Energy Services news, insider Total Energy Services Inc acquired 5,000 shares of the business’s stock in a transaction that occurred on Monday, November 19th. The stock was purchased at an average cost of C$10.06 per share, with a total value of C$50,300.00. Also, Director Daniel Kim Halyk acquired 4,200 shares of the business’s stock in a transaction that occurred on Monday, October 1st. The shares were acquired at an average cost of C$10.75 per share, with a total value of C$45,150.00. In the last quarter, insiders have bought 110,168 shares of company stock worth $1,223,773.
About Total Energy Services
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 Services. 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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