Insider Buying: Western Energy Services Corp. (TSE:WRG) Insider Buys 25,800 Shares of Stock

Posted by Trevor Kearing on Feb 17th, 2025

Western Energy Services Corp. (TSE:WRG – Get Free Report) insider Sime Armoyan purchased 25,800 shares of the firm’s stock in a transaction dated Thursday, February 13th. The stock was acquired at an average cost of C$2.50 per share, for a total transaction of C$64,500.00.

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

On Friday, February 7th, Sime Armoyan purchased 200 shares of Western Energy Services stock. The stock was acquired at an average cost of C$2.50 per share, for a total transaction of C$500.00.
On Wednesday, February 5th, Sime Armoyan acquired 700 shares of Western Energy Services stock. The shares were purchased at an average price of C$2.50 per share, with a total value of C$1,750.00.
On Monday, January 27th, Sime Armoyan acquired 6,300 shares of Western Energy Services stock. The shares were purchased at an average price of C$2.50 per share, with a total value of C$15,750.00.
On Monday, December 30th, Sime Armoyan acquired 4,600 shares of Western Energy Services stock. The shares were purchased at an average price of C$2.50 per share, with a total value of C$11,500.00.
On Friday, December 27th, Sime Armoyan acquired 400 shares of Western Energy Services stock. The shares were purchased at an average price of C$2.55 per share, with a total value of C$1,020.00.
On Friday, December 20th, Sime Armoyan acquired 400 shares of Western Energy Services stock. The shares were purchased at an average price of C$2.55 per share, with a total value of C$1,020.00.
On Tuesday, December 17th, Sime Armoyan acquired 1,300 shares of Western Energy Services stock. The shares were purchased at an average price of C$2.47 per share, with a total value of C$3,206.06.

Western Energy Services Price Performance

Shares of WRG opened at C$2.50 on Monday. Western Energy Services Corp. has a 1-year low of C$2.43 and a 1-year high of C$3.31. The stock has a market cap of C$84.60 million, a PE ratio of -11.90, a P/E/G ratio of 0.09 and a beta of 1.49. The firm has a 50-day simple moving average of C$2.64 and a two-hundred day simple moving average of C$2.75. The company has a debt-to-equity ratio of 37.49, a current ratio of 1.82 and a quick ratio of 1.46.

Wall Street Analysts Forecast Growth

WRG has been the subject of several recent analyst reports. Atb Cap Markets upgraded shares of Western Energy Services to a “hold” rating in a research report on Wednesday, January 15th. ATB Capital set a C$3.25 price target on shares of Western Energy Services and gave the company a “sector perform” rating in a research report on Wednesday, January 15th.

View Our Latest Stock Report on WRG

Western Energy Services Company Profile

(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.