Total Energy Services (TOT) has notable insider buying

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

Yuliya Gorbach, CFO, acquired 7,166 Common Shares on a direct ownership basis at a price of $9.510 through an exercise of options on March 21st, 2024. This represents a $68,149 investment into the company's shares and an account share holdings change of 9.1%.

Total Energy Services Inc. is a Canada-based energy services company. The Company provides a variety of products and services to the energy and other resource industries primarily in Canada, the United States and Australia. The Company operates through five segments: contract drilling services (CDS), rental and transportation services (RTS), compression and process services (CPS), well servicing, and corporate. The CDS segment is engaged in the operation of approximately 94 drilling rigs. The rig fleet is supported by a fleet of owned top drives, walking systems, pumps and other ancillary equipment. The RTS segment operates in approximately 13 locations in western Canada and three locations in the United States. The CPS segment fabricates a full range of natural gas compression equipment as well as oil, natural gas and other process equipment. The Well Servicing segment operates approximately 79 well servicing rigs across western Canada, northwest United States and Australia.