Total Energy Services (TSE:TOT) Reaches New 1-Year High Following Insider Buying Activity

Total Energy Services Inc. (TSE:TOT) reached a new 52-week high on Monday following insider buying activity. The company traded as high as C$23.80 and last traded at C$23.46, with a volume of 24816 shares traded. The stock had previously closed at C$23.39.

Specifically, Director Glenn Orval James Dagenais acquired 1,570 shares of the stock in a transaction on Monday, March 30th. The shares were acquired at an average price of C$23.47 per share, with a total value of C$36,847.90. Following the completion of the transaction, the director owned 76,595 shares in the company, valued at approximately C$1,797,684.65. The trade was a 2.09% increase in their position. Also, Director George K. Chow bought 1,600 shares of Total Energy Services stock in a transaction dated Friday, March 27th. The shares were bought at an average cost of C$23.19 per share, with a total value of C$37,104.00. Following the completion of the transaction, the director directly owned 59,560 shares in the company, valued at approximately C$1,381,196.40. This trade represents a 2.76% increase in their ownership of the stock.

Analyst Upgrades and Downgrades

Separately, ATB Cormark Capital Markets raised their price target on shares of Total Energy Services from C$20.00 to C$24.00 in a research note on Thursday, March 12th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$24.00.

Total Energy Services News Roundup

Here are the key news stories impacting Total Energy Services this week:

• Positive Sentiment: Director Glenn O. J. Dagenais bought 1,570 shares (~C$36.8k) at ~C$23.47, increasing his stake ~2.1% — a signal of insider confidence. Director Purchases C$36,847.90 in Stock
• Positive Sentiment: The board declared a quarterly dividend of C$0.12 per share (annualized C$0.48, ~2.1% yield) with record/payment dates mid‑April — supports income investors and raises short‑term demand ahead of the payment. Dividend Announcement / Company Profile
• Positive Sentiment: ATB Cormark raised its price target on TOT (from C$20 to C$24), leaving a Buy consensus and an average analyst target near C$24 — provides support for medium‑term upside expectations. Analyst Price Target Increase
• Negative Sentiment: Insider Bradley John Macson sold 33,000 shares at ~C$22.96 (≈C$757.7k), reducing his holding by ~16.4% — a large scripted sale that can pressure sentiment and supply. Insider Sale: Macson
• Negative Sentiment: Insider William Kosich sold 18,000 shares at ~C$23.60 (~C$424.8k), trimming his stake ~7.4% — another meaningful insider sell that adds to near‑term selling pressure. Insider Sale: Kosich

Total Energy Services Price Performance

The firm has a 50 day moving average price of C$18.71 and a two-hundred day moving average price of C$15.98. The company has a market cap of C$827.14 million, a P/E ratio of 11.64, a P/E/G ratio of 1.77 and a beta of 0.99. The company has a debt-to-equity ratio of 13.67, a quick ratio of 1.09 and a current ratio of 1.41.

Total Energy Services (TSE:TOT) last announced its quarterly earnings data on Tuesday, March 10th. The company reported C$1.50 earnings per share (EPS) for the quarter. The business had revenue of C$301.71 million for the quarter. Total Energy Services had a return on equity of 12.57% and a net margin of 6.97%. On average, analysts predict that Total Energy Services Inc. will post 2.0517598 EPS for the current fiscal year.

Total Energy Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th will be given a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.48 annualized dividend and a dividend yield of 2.1%. Total Energy Services’s payout ratio is 20.51%.

Total Energy Services Company Profile

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.