Total Energy Services Inc Acquires 445,936 Shares of Total Energy Services Inc. (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) insider Total Energy Services Inc purchased 445,936 shares of the stock in a transaction dated Monday, April 14th. The shares were acquired at an average cost of C$9.83 per share, with a total value of C$4,385,735.97.

Total Energy Services Stock Up 1.2 %

TOT stock opened at C$9.25 on Friday. The firm has a 50-day moving average price of C$9.74 and a 200-day moving average price of C$10.62. Total Energy Services Inc. has a 12 month low of C$8.40 and a 12 month high of C$12.44. The company has a current ratio of 1.40, a quick ratio of 1.09 and a debt-to-equity ratio of 27.27. The stock has a market capitalization of C$347.63 million, a P/E ratio of 8.28, a price-to-earnings-growth ratio of 1.77 and a beta of 2.02.

Total Energy Services Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were given a $0.10 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.40 dividend on an annualized basis and a yield of 4.32%. This is a positive change from Total Energy Services’s previous quarterly dividend of $0.09. Total Energy Services’s dividend payout ratio (DPR) is currently 32.21%.

About Total Energy Services

Total Energy Services Inc is an energy services company. The operating segments of the company are Contract Drilling Services, Rentals & Transportation Services, Compression & Process Service, Well servicing, and Corporate. The company’s operations are conducted in Canada, the United States of America, and Australia.