Latest news with #TotalEnergyServices
Globe and Mail
2 days ago
- Business
- Globe and Mail
Wednesday's Insider Report: Canada Pension Plan unloads $487-million as this industrial stock hits a record high
Featured below are companies that have experienced recent insider trading activity in the public market through their direct and indirect ownerships, including accounts they have control or direction over. The list features insider transaction activity; it does not convey total ownership information as an insider may hold numerous accounts. Keep in mind, when looking at transaction activities by insiders, purchasing activity may reflect perceived value in a security. Selling activity may or may not be related to a stock's valuation; perhaps an insider needs to raise money for personal reasons. An insider's total holdings should be considered because a sale may, in context, be insignificant if this person has a large remaining position in the company. I tend to put great weight on insider transaction activity when I see multiple insiders trading a company's shares or units. Listed below are two stocks that have had recent buying activity in the public market reported by insiders. Morguard Corp. (MRC-T) On June 3, Bruce Robertson, who sits on the board of directors, bought 12,000 shares at a price per share of $112.91 for an account in which he has indirect ownership (5051326 Ontario Inc.), lifting the holdings in this specific account to 50,000 shares. The cost of this investment exceeded $1.3 million. Total Energy Services Inc. (TOT-T) On June 6, founder, president, chief executive officer and director Dan Halyk invested over $102,000 in shares of Total. He acquired 10,000 shares at a cost per share of $10.28 for an account in which he has indirect ownership (Myrdan Investments Inc.), increasing the holdings in this specific account to 840,000 shares. ** Listed below are two stocks that have had recent selling activity in the public market reported by insiders. Kinross Gold Corp. (K-T) On June 3, president Geoff Gold sold 28,251 shares at an average price per share of approximately $21.26, reducing the holdings in this particular account to 306,946 shares. Proceeds from the sale totaled more than $600,000, excluding trading fees. WSP Global Inc. (WSP-T) On June 2, Canada Pension Plan Investment Board, with an ownership position exceeding 10 per cent, sold 1.8 million shares at a price per share of $270.95, reducing the holdings in this particular account to 11,080,184 shares. Proceeds from the sale exceeded $487 million, excluding commission charges. Previously, we reported that chief operating officer Mark Naysmith exercised his options on May 27, receiving 10,424 shares at an average cost per share of approximately $64.90, and sold 10,424 shares at an average price per share of roughly $281.30, after which this particular account did not hold any shares. Net proceeds exceeded $2.2-million, excluding any associated transaction charges. On June 2, shares of WSP closed at a record high of $282.83. Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. Sign up today.
Yahoo
17-04-2025
- Business
- Yahoo
Here's Why Total Energy Services (TSE:TOT) Has Caught The Eye Of Investors
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. While a well funded company may sustain losses for years, it will need to generate a profit eventually, or else investors will move on and the company will wither away. In contrast to all that, many investors prefer to focus on companies like Total Energy Services (TSE:TOT), which has not only revenues, but also profits. Now this is not to say that the company presents the best investment opportunity around, but profitability is a key component to success in business. We've discovered 1 warning sign about Total Energy Services. View them for free. If a company can keep growing earnings per share (EPS) long enough, its share price should eventually follow. That makes EPS growth an attractive quality for any company. Total Energy Services' shareholders have have plenty to be happy about as their annual EPS growth for the last 3 years was 43%. Growth that fast may well be fleeting, but it should be more than enough to pique the interest of the wary stock pickers. It's often helpful to take a look at earnings before interest and tax (EBIT) margins, as well as revenue growth, to get another take on the quality of the company's growth. Total Energy Services reported flat revenue and EBIT margins over the last year. That's not bad, but it doesn't point to ongoing future growth, either. The chart below shows how the company's bottom and top lines have progressed over time. To see the actual numbers, click on the chart. See our latest analysis for Total Energy Services Total Energy Services isn't a huge company, given its market capitalisation of CA$343m. That makes it extra important to check on its balance sheet strength. Investors are always searching for a vote of confidence in the companies they hold and insider buying is one of the key indicators for optimism on the market. Because often, the purchase of stock is a sign that the buyer views it as undervalued. However, insiders are sometimes wrong, and we don't know the exact thinking behind their acquisitions. Although we did see some insider selling (worth CA$14m) this was overshadowed by a mountain of buying, totalling CA$17m in just one year. We find this encouraging because it suggests they are optimistic about Total Energy Services'future. It is also worth noting that it was President Daniel Halyk who made the biggest single purchase, worth CA$14m, paying CA$9.38 per share. Along with the insider buying, another encouraging sign for Total Energy Services is that insiders, as a group, have a considerable shareholding. To be specific, they have CA$33m worth of shares. That shows significant buy-in, and may indicate conviction in the business strategy. That amounts to 9.7% of the company, demonstrating a degree of high-level alignment with shareholders. Total Energy Services' earnings have taken off in quite an impressive fashion. Just as heartening; insiders both own and are buying more stock. These factors seem to indicate the company's potential and that it has reached an inflection point. We'd suggest Total Energy Services belongs near the top of your watchlist. Even so, be aware that Total Energy Services is showing 1 warning sign in our investment analysis , you should know about... There are plenty of other companies that have insiders buying up shares. So if you like the sound of Total Energy Services, you'll probably love this curated collection of companies in CA that have an attractive valuation alongside insider buying in the last three months. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
10-03-2025
- Business
- Yahoo
Total Energy Services (TSE:TOT) Is Paying Out A Larger Dividend Than Last Year
Total Energy Services Inc.'s (TSE:TOT) dividend will be increasing from last year's payment of the same period to CA$0.10 on 15th of April. This takes the dividend yield to 4.3%, which shareholders will be pleased with. Check out our latest analysis for Total Energy Services A big dividend yield for a few years doesn't mean much if it can't be sustained. Before making this announcement, Total Energy Services was easily earning enough to cover the dividend. This means that most of its earnings are being retained to grow the business. Over the next year, EPS is forecast to expand by 10.7%. Assuming the dividend continues along recent trends, we think the payout ratio could be 21% by next year, which is in a pretty sustainable range. The company's dividend history has been marked by instability, with at least one cut in the last 10 years. Since 2015, the annual payment back then was CA$0.24, compared to the most recent full-year payment of CA$0.40. This works out to be a compound annual growth rate (CAGR) of approximately 5.2% a year over that time. It's good to see the dividend growing at a decent rate, but the dividend has been cut at least once in the past. Total Energy Services might have put its house in order since then, but we remain cautious. With a relatively unstable dividend, it's even more important to see if earnings per share is growing. It's encouraging to see that Total Energy Services has been growing its earnings per share at 47% a year over the past five years. A low payout ratio gives the company a lot of flexibility, and growing earnings also make it very easy for it to grow the dividend. In summary, it is always positive to see the dividend being increased, and we are particularly pleased with its overall sustainability. The company is easily earning enough to cover its dividend payments and it is great to see that these earnings are being translated into cash flow. All in all, this checks a lot of the boxes we look for when choosing an income stock. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. Taking the debate a bit further, we've identified 1 warning sign for Total Energy Services that investors need to be conscious of moving forward. Is Total Energy Services not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
