Public market insider selling at Calfrac Well Services (CFW)

Public market insider selling at Calfrac Well Services (T:CFW)

Sime Armoyan, a 10% Holder, disposed of 326,000 Common Shares on a control or direction basis for registered holder Clarke Inc. Master Trust at a price of $5.433 on September 22nd, 2022. This represents a $1,771,060 divestment of the company's shares and an account share holdings change of -2.7%.

Calfrac Well Services is in the Oil Related Services and Equipment Sub Industry Group under the Energy Sector.

Calfrac Well Services Ltd. is a provider of specialized oilfield services. The Company provides hydraulic fracturing, coiled tubing, cementing and other well stimulation services. The Company operates through four segments: United States, Canada, Argentina, and Russia. The Company's United States segment provides fracturing services to oil companies operating in the Bakken shale play in North Dakota. The Canadian segment is focused on the provision of fracturing and coiled tubing services to a diverse group of oil and natural gas exploration and production companies operating in Alberta, northeast British Columbia, Saskatchewan and Manitoba. The Argentinean segment provides pumping services from its operating bases in Argentina. The Company provides fracturing, cementing and coiled tubing services to oil and natural gas companies operating in the Neuquen, Las Heras and Comodoro regions. The Russian segment provides fracturing and coiled tubing services in Western Siberia.