Total Energy Services Inc. (TSE:TOT - Free Report) - Atb Cap Markets cut their FY2024 earnings per share (EPS) estimates for Total Energy Services in a report issued on Tuesday, November 12th. Atb Cap Markets analyst T. Monachello now expects that the company will post earnings of $1.56 per share for the year, down from their previous estimate of $1.72. The consensus estimate for Total Energy Services' current full-year earnings is $2.05 per share. Atb Cap Markets also issued estimates for Total Energy Services' Q3 2025 earnings at $0.60 EPS.
Separately, ATB Capital boosted their price objective on Total Energy Services from C$18.00 to C$19.00 in a report on Tuesday.
Read Our Latest Research Report on Total Energy Services
Total Energy Services Stock Up 1.4 %
Shares of TSE:TOT traded up C$0.16 during trading on Thursday, hitting C$11.32. The company's stock had a trading volume of 34,426 shares, compared to its average volume of 47,303. The company has a debt-to-equity ratio of 27.21, a quick ratio of 1.09 and a current ratio of 1.31. Total Energy Services has a fifty-two week low of C$7.36 and a fifty-two week high of C$11.43. The stock's 50-day moving average price is C$9.67 and its two-hundred day moving average price is C$9.50. The company has a market capitalization of C$439.78 million, a PE ratio of 10.63, a PEG ratio of 1.77 and a beta of 2.02.
Total Energy Services Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 3.18%. The ex-dividend date was Friday, September 27th. Total Energy Services's dividend payout ratio (DPR) is presently 34.29%.
Insider Activity
In other news, insider Total Energy Services Inc bought 134,854 shares of the business's stock in a transaction on Friday, October 11th. The stock was purchased at an average cost of C$9.72 per share, for a total transaction of C$1,310,416.77. In related news, insider Total Energy Services Inc acquired 134,854 shares of the business's stock in a transaction dated Friday, October 11th. The stock was bought at an average price of C$9.72 per share, for a total transaction of C$1,310,416.77. Also, Director Daniel Kim Halyk acquired 5,000 shares of the business's stock in a transaction dated Wednesday, September 18th. The shares were bought at an average price of C$9.20 per share, with a total value of C$46,000.00. Over the last ninety days, insiders purchased 431,204 shares of company stock valued at $4,096,630. 7.73% of the stock is currently owned by insiders.
About Total Energy Services
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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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