Total Energy Services (TOT) Set to Announce Earnings on Thursday

Total Energy Services (TSE:TOT - Get Free Report) will be issuing its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of C$0.48 per share for the quarter.

Total Energy Services (TSE:TOT - Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported C$0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$0.25 by C$0.14. The firm had revenue of C$213.33 million during the quarter, compared to analyst estimates of C$196.00 million. Total Energy Services had a return on equity of 7.83% and a net margin of 4.90%.

Total Energy Services Trading Down 0.4 %

Shares of TSE TOT traded down C$0.04 during trading hours on Thursday, reaching C$9.62. The stock had a trading volume of 13,559 shares, compared to its average volume of 45,955. The company has a current ratio of 1.31, a quick ratio of 1.09 and a debt-to-equity ratio of 27.21. The firm has a market cap of C$373.74 million, a price-to-earnings ratio of 9.20, a P/E/G ratio of 1.77 and a beta of 2.02. The business's fifty day moving average price is C$9.51 and its two-hundred day moving average price is C$9.47. Total Energy Services has a 52-week low of C$7.36 and a 52-week high of C$10.85.

Total Energy Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.36 dividend on an annualized basis and a yield of 3.74%. Total Energy Services's dividend payout ratio is currently 34.29%.

Insider Activity

In other Total Energy Services news, Director Daniel Kim Halyk acquired 3,900 shares of the firm's stock in a transaction dated Friday, September 27th. The stock was purchased at an average price of C$9.25 per share, for a total transaction of C$36,075.00. In other news, insider Total Energy Services Inc bought 279,000 shares of the business's stock in a transaction that occurred on Friday, August 30th. The shares were purchased at an average cost of C$9.41 per share, with a total value of C$2,624,748.30. Also, Director Daniel Kim Halyk bought 3,900 shares of the business's stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average cost of C$9.25 per share, for a total transaction of C$36,075.00. In the last quarter, insiders acquired 436,204 shares of company stock worth $4,141,323. Insiders own 7.73% of the company's stock.

Analyst Upgrades and Downgrades

Separately, ATB Capital upped their target price on Total Energy Services from C$16.50 to C$18.00 in a report on Friday, August 9th.

Total Energy Services Company Profile

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.