Total Energy Services Inc. (TSE:TOT) Senior Officer Sells C$224,290.00 in Stock

Total Energy Services Inc. (TSE:TOTGet Rating) Senior Officer Yuliya Gorbach sold 25,000 shares of the business’s stock in a transaction dated Thursday, November 17th. The shares were sold at an average price of C$8.97, for a total value of C$224,290.00. Following the completion of the sale, the insider now directly owns 85,098 shares of the company’s stock, valued at approximately C$763,465.22.

Total Energy Services Stock Down 0.4 %

Shares of TSE:TOT opened at C$9.04 on Friday. Total Energy Services Inc. has a 52-week low of C$5.03 and a 52-week high of C$9.53. The firm has a market capitalization of C$378.78 million and a P/E ratio of 28.25. The stock has a 50 day moving average price of C$7.53 and a 200-day moving average price of C$7.78. The company has a debt-to-equity ratio of 35.08, a quick ratio of 1.08 and a current ratio of 1.75.

Total Energy Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 17th. Stockholders of record on Monday, October 17th were given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 2.65%. The ex-dividend date of this dividend was Wednesday, September 28th. Total Energy Services’s dividend payout ratio is currently 18.75%.

Analysts Set New Price Targets

TOT has been the subject of a number of recent analyst reports. ATB Capital upped their price target on Total Energy Services from C$14.50 to C$16.00 in a research report on Thursday, November 10th. BMO Capital Markets upped their price target on Total Energy Services from C$12.00 to C$13.00 in a research report on Thursday, November 10th. Canaccord Genuity Group upped their price target on Total Energy Services from C$10.50 to C$16.00 in a research report on Wednesday. Cormark upped their price target on Total Energy Services from C$15.00 to C$16.00 in a research report on Friday, November 11th. Finally, Stifel Nicolaus upped their price target on Total Energy Services from C$13.50 to C$16.00 in a research report on Friday, November 11th.

Total Energy Services Company Profile

(Get Rating)

Total Energy Services Inc provides various products and services to the oil and natural gas industry primarily in Canada, the United States, and Australia. It operates through four segments: Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing.

Featured Stories

Insider Buying and Selling by Quarter for Total Energy Services (TSE:TOT)

Receive News & Ratings for Total Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Total Energy Services and related companies with MarketBeat.com's FREE daily email newsletter.