Total Energy Services (TOT) has notable insider buying

Total Energy Services (T:TOT) has notable insider buying

Updated Thursday Jan 14, 2021 03:29 AM EDT
Total Energy Services Inc. (TOT) has a high amount of executive buying compared to its small-cap peers over the past three months. Daniel Kim Halyk, CEO and Director, acquired 30,000 Common Shares on an indirect ownership basis for registered holder Myrdan Investments Inc. at a price of $3.400 through the public market on January 13th, 2021. This represents a $102,000 investment into the company's shares and an account share holdings change of 8.6%.

Total Energy Services Inc is a Canada-based energy services company. The Company through operating divisions, wholly-owned subsidiaries and limited partnerships is involved in three business areas: contract drilling services (Chinook Drilling), rentals and transportation services (Total Oilfield Rentals); and the fabrication, sale, rental and servicing of new and used equipment for both oil and gas processing (Spectrum Process Systems) and gas compression (Bidell Gas Compression). The Company maintains an inventory of top drives, drill pipe and spare components to support its operations. The Company provides a platform for building long-term shareholder value, delivering investment returns while maintaining growth through a disciplined acquisition strategy and strategic internal growth.

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