Western Energy Services Corp. (TSE:WRG) Insider Acquires C$30,785.00 in Stock

Posted by Jeff Wilder on Feb 28th, 2025

Western Energy Services Corp. (TSE:WRG – Get Free Report) insider Sime Armoyan bought 13,100 shares of the company’s stock in a transaction dated Monday, February 24th. The stock was bought at an average cost of C$2.35 per share, with a total value of C$30,785.00.

Sime Armoyan also recently made the following trade(s):

On Wednesday, February 26th, Sime Armoyan bought 800 shares of Western Energy Services stock. The stock was bought at an average cost of C$2.35 per share, with a total value of C$1,880.00.
On Tuesday, February 18th, Sime Armoyan bought 25,000 shares of Western Energy Services stock. The stock was bought at an average cost of C$2.40 per share, with a total value of C$60,000.00.
On Thursday, February 13th, Sime Armoyan bought 25,800 shares of Western Energy Services stock. The stock was bought at an average cost of C$2.50 per share, with a total value of C$64,500.00.
On Friday, February 7th, Sime Armoyan bought 200 shares of Western Energy Services stock. The stock was bought at an average cost of C$2.50 per share, with a total value of C$500.00.
On Wednesday, February 5th, Sime Armoyan purchased 700 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.50 per share, with a total value of C$1,750.00.
On Monday, January 27th, Sime Armoyan purchased 6,300 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.50 per share, with a total value of C$15,750.00.
On Monday, December 30th, Sime Armoyan purchased 4,600 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.50 per share, with a total value of C$11,500.00.
On Friday, December 27th, Sime Armoyan purchased 400 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.55 per share, with a total value of C$1,020.00.
On Friday, December 20th, Sime Armoyan purchased 400 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.55 per share, with a total value of C$1,020.00.
On Tuesday, December 17th, Sime Armoyan purchased 1,300 shares of Western Energy Services stock. The shares were acquired at an average cost of C$2.47 per share, with a total value of C$3,206.06.

Western Energy Services Stock Up 2.6 %

TSE WRG opened at C$2.41 on Friday. The stock has a fifty day moving average of C$2.61 and a 200-day moving average of C$2.72. The stock has a market capitalization of C$81.55 million, a P/E ratio of -11.48, a price-to-earnings-growth ratio of 0.09 and a beta of 1.49. Western Energy Services Corp. has a 52 week low of C$2.35 and a 52 week high of C$3.31. The company has a debt-to-equity ratio of 37.49, a quick ratio of 1.46 and a current ratio of 1.82.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on WRG shares. Atb Cap Markets raised Western Energy Services to a “hold” rating in a report on Wednesday, January 15th. ATB Capital set a C$3.25 target price on Western Energy Services and gave the company a “sector perform” rating in a research note on Wednesday, January 15th.

View Our Latest Research Report on WRG

About Western Energy Services

(Get Free Report)

Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. The Production Services segment offers well servicing rig and related equipment, as well as rental equipment services.