Total Energy Services (TSE:TOT) will be announcing its earnings results before the market opens on Friday, August 9th. Analysts expect the company to announce earnings of C$0.01 per share for the quarter.
Total Energy Services (TSE:TOT) last issued its quarterly earnings results on Thursday, May 9th. The company reported C$0.10 EPS for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.01). The company had revenue of C$221.99 million during the quarter, compared to analysts’ expectations of C$223.27 million.
Shares of TOT opened at C$7.05 on Thursday. The stock has a market capitalization of $330.97 million and a P/E ratio of 12.59. Total Energy Services has a one year low of C$6.93 and a one year high of C$12.80. The company has a debt-to-equity ratio of 53.30, a current ratio of 1.60 and a quick ratio of 1.03. The company has a 50-day simple moving average of C$7.80.
In other news, insider Total Energy Services Inc acquired 3,200 shares of the business’s stock in a transaction on Tuesday, May 14th. The shares were purchased at an average price of C$9.39 per share, for a total transaction of C$30,057.92. Following the completion of the purchase, the insider now directly owns 3,200 shares of the company’s stock, valued at approximately C$30,057.92. Also, Director Daniel Kim Halyk acquired 5,000 shares of the business’s stock in a transaction on Friday, June 7th. The shares were purchased at an average price of C$8.80 per share, for a total transaction of C$44,000.00. Following the purchase, the director now directly owns 1,168,800 shares of the company’s stock, valued at C$10,285,440. Insiders purchased 179,990 shares of company stock valued at $1,597,707 in the last three months.
A number of research analysts recently commented on TOT shares. Canaccord Genuity reduced their price target on Total Energy Services from C$13.50 to C$12.00 in a report on Tuesday, July 9th. CIBC reduced their price target on Total Energy Services from C$12.50 to C$11.50 in a report on Thursday, July 18th. TD Securities reduced their price target on Total Energy Services from C$11.50 to C$10.00 and set a “hold” rating for the company in a report on Friday, May 10th. Finally, BMO Capital Markets reduced their price target on Total Energy Services from C$12.00 to C$11.00 in a report on Monday, May 13th.
About Total Energy Services
Total Energy Services Inc provides diversified energy services. It operates through four segments: Contract Drilling Services; Rentals and Transportation Services; Compression and Process Services; and Well Servicing. The Contract Drilling Services segment offers contract drilling services to oil and gas exploration and development companies in the United States and Australia.
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