Total Energy Services Inc. Announces Quarterly Dividend of C$0.06 (TOT)
Total Energy Services (TSE:TOT) announced a quarterly dividend on Friday, August 29th, ARN reports. Investors of record on Tuesday, September 30th will be paid a dividend of 0.06 per share on Friday, October 31st. This represents a $0.24 annualized dividend and a dividend yield of 1.08%. The ex-dividend date is Friday, September 26th.
A number of analysts have recently weighed in on TOT shares. Analysts at CIBC reiterated a “sector perform” rating on shares of Total Energy Services in a research note on Friday, August 15th. They now have a C$27.50 price target on the stock, up previously from C$26.50. On a related note, analysts at Scotiabank raised their price target on shares of Total Energy Services from C$28.00 to C$30.00 in a research note on Thursday, August 14th. They now have an “outperform” rating on the stock. Finally, analysts at Paradigm Capital raised their price target on shares of Total Energy Services from C$23.50 to C$24.50 in a research note on Thursday, August 14th. They now have a “hold” rating on the stock. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of C$26.13.
Total Energy Services (TSE:TOT) traded up 0.45% during mid-day trading on Friday, hitting $22.35. The stock had a trading volume of 8,380 shares. Total Energy Services has a 52 week low of $15.68 and a 52 week high of $24.00. The stock has a 50-day moving average of $22.23 and a 200-day moving average of $21.52. The company has a market cap of $699.7 million and a P/E ratio of 14.56.
Total Energy Services (TSE:TOT) last posted its quarterly earnings data on Thursday, August 14th. The company reported $0.23 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.07 by $0.16. Analysts expect that Total Energy Services will post $1.90 EPS for the current fiscal year.
Total Energy Services Incis an energy service company. It is engaged in providing contract drilling services, rental and transportation of equipment used in oil and natural gas drilling, completion and production processes and the fabrication, sale, rental and servicing of natural gas compression equipment to oil and gas exploration and production companies located primarily in western Canada.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.