Over the past three months, eight insiders at Total Energy Services Inc. together have spent just more than a quarter-million dollars buying shares in the public market. The most recent purchase took place on June 8 when director Randy Kwasnicia acquired 1,800 common shares at $15.01. On May 13, the company reported Q1 EPS of $0.30, down 52 per cent from the comparable period last year. Going forward, the firm believes its liquidity position, including an undrawn $65-million credit facility, will allow it to capitalize on potential investment opportunities.
Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Infographic reflects public-market transactions of common shares or unit trusts by company officers and directors.