Q4 EPS Estimate for Total Energy Services Reduced by Analyst

Total Energy Services Inc. (TSE:TOT) – Equities researchers at Atb Cap Markets decreased their Q4 2024 earnings per share estimates for shares of Total Energy Services in a report released on Tuesday, November 12th. Atb Cap Markets analyst T. Monachello now expects that the company will earn $0.38 per share for the quarter, down from their previous forecast of $0.53. 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’ Q1 2025 earnings at $0.57 EPS, Q2 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.60 EPS, FY2025 earnings at $2.12 EPS and FY2026 earnings at $2.13 EPS.

Separately, ATB Capital upped their price target on shares of Total Energy Services from C$18.00 to C$19.00 in a research report on Tuesday.

Total Energy Services Price Performance

Shares of TSE TOT opened at C$11.47 on Friday. The company has a debt-to-equity ratio of 27.21, a quick ratio of 1.09 and a current ratio of 1.31. The firm has a market cap of C$445.61 million, a PE ratio of 10.92, a PEG ratio of 1.77 and a beta of 2.02. Total Energy Services has a one year low of C$7.36 and a one year high of C$11.49. The firm has a fifty day moving average of C$9.67 and a 200 day moving average of C$9.50.

Total Energy Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date of this dividend was Friday, September 27th. Total Energy Services’s dividend payout ratio (DPR) is currently 34.29%.

Insider Buying and Selling at Total Energy Services

In other Total Energy Services news, insider Total Energy Services Inc acquired 279,000 shares of the stock in a transaction that occurred on Friday, August 30th. The stock was bought at an average cost of C$9.41 per share, for a total transaction of C$2,624,748.30. Also, Director Daniel Kim Halyk bought 5,000 shares of Total Energy Services stock in a transaction on Wednesday, September 18th. The stock was acquired at an average price of C$9.20 per share, for a total transaction of C$46,000.00. Insiders purchased a total of 431,204 shares of company stock worth $4,096,630 in the last three months. 7.73% of the stock is owned by corporate insiders.

About Total Energy Services

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.