Gregory Knowles Melchin Buys 1,150 Shares of Total Energy Services Inc. (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT - Get Free Report) Director Gregory Knowles Melchin bought 1,150 shares of Total Energy Services stock in a transaction dated Tuesday, April 9th. The stock was acquired at an average cost of C$10.64 per share, for a total transaction of C$12,236.00.

Total Energy Services Stock Up 0.7 %

TSE:TOT opened at C$10.70 on Thursday. The stock's fifty day moving average price is C$9.88 and its two-hundred day moving average price is C$8.90. Total Energy Services Inc. has a 52-week low of C$7.36 and a 52-week high of C$10.85. The company has a debt-to-equity ratio of 20.49, a quick ratio of 1.09 and a current ratio of 1.70. The company has a market cap of C$427.79 million, a price-to-earnings ratio of 10.59, a P/E/G ratio of 1.77 and a beta of 2.08.

Total Energy Services (TSE:TOT - Get Free Report) last posted its quarterly earnings data on Thursday, March 7th. The company reported C($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.35 by C($0.54). Total Energy Services had a return on equity of 7.90% and a net margin of 4.66%. The firm had revenue of C$213.76 million for the quarter, compared to analyst estimates of C$218.00 million. On average, analysts anticipate that Total Energy Services Inc. will post 1.7298658 EPS for the current year.

Total Energy Services Increases Dividend


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The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Monday, April 15th will be issued a dividend of $0.09 per share. This is an increase from Total Energy Services's previous quarterly dividend of $0.08. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $0.36 annualized dividend and a yield of 3.36%. Total Energy Services's dividend payout ratio is currently 35.64%.

Analyst Upgrades and Downgrades

TOT has been the topic of several recent analyst reports. Stifel Nicolaus boosted their target price on Total Energy Services from C$15.00 to C$16.00 in a report on Monday, March 11th. ATB Capital upped their price objective on Total Energy Services from C$16.75 to C$17.00 in a report on Monday, March 11th.

Get Our Latest Analysis on Total Energy Services

Total Energy Services Company Profile

(Get Free Report)

Total Energy Services Inc operates as an energy services company primarily in Canada, the United States, and Australia. It operates through Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing segments. The Contract Drilling Services segment operates a fleet of various drilling rigs supported by an extensive fleet of owned top drives, walking systems, pumps, and other ancillary equipment.

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