FY2024 EPS Estimates for TSE:TOT Decreased by Analyst

Total Energy Services Inc. (TSE:TOT) – Atb Cap Markets reduced their FY2024 earnings per share estimates for Total Energy Services in a research note 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 prior forecast 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 upped their price target on shares of Total Energy Services from C$18.00 to C$19.00 in a report on Tuesday.

Total Energy Services Stock Performance

TOT opened at C$11.16 on Thursday. The company has a current ratio of 1.31, a quick ratio of 1.09 and a debt-to-equity ratio of 27.21. Total Energy Services has a 12-month low of C$7.36 and a 12-month high of C$11.38. The firm has a 50 day moving average of C$9.64 and a two-hundred day moving average of C$9.49. The firm has a market capitalization of C$433.57 million, a PE ratio of 10.50, a P/E/G ratio of 1.77 and a beta of 2.02.

Total Energy Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid 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 dividend yield of 3.23%. Total Energy Services’s payout ratio is 34.29%.

Insider Activity at Total Energy Services

In other news, insider Total Energy Services Inc acquired 134,854 shares of the firm’s stock in a transaction on Friday, October 11th. The stock was acquired at an average price of C$9.72 per share, for a total transaction of C$1,310,416.77. In related news, Director Daniel Kim Halyk purchased 4,800 shares of the company’s stock in a transaction that occurred on Friday, September 20th. The shares were purchased at an average price of C$9.25 per share, with a total value of C$44,400.00. Also, insider Total Energy Services Inc purchased 134,854 shares of the business’s stock in a transaction that occurred on Friday, October 11th. The stock was bought at an average cost of C$9.72 per share, with a total value of C$1,310,416.77. Insiders bought a total of 431,204 shares of company stock worth $4,096,630 in the last three months. Company insiders own 7.73% of the company’s stock.

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.