Insider Buying: Western Energy Services Corp. (TSE:WRG) Insider Buys 5,000 Shares of Stock

Posted by Stephan Jacobs on Mar 5th, 2025

Western Energy Services Corp. (TSE:WRG – Get Free Report) insider Sime Armoyan bought 5,000 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The stock was purchased at an average cost of C$2.30 per share, for a total transaction of C$11,500.00.

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

On Friday, February 28th, Sime Armoyan purchased 200 shares of Western Energy Services stock. The stock was purchased at an average price of C$2.35 per share, with a total value of C$470.00.
On Wednesday, February 26th, Sime Armoyan acquired 800 shares of Western Energy Services stock. The stock was purchased at an average cost of C$2.35 per share, for a total transaction of C$1,880.00.
On Monday, February 24th, Sime Armoyan bought 13,100 shares of Western Energy Services stock. The shares were purchased at an average cost of C$2.35 per share, with a total value of C$30,785.00.
On Tuesday, February 18th, Sime Armoyan purchased 25,000 shares of Western Energy Services stock. The stock was acquired at an average price of C$2.40 per share, for a total transaction of C$60,000.00.
On Thursday, February 13th, Sime Armoyan acquired 25,800 shares of Western Energy Services stock. The stock was acquired at an average price of C$2.50 per share, with a total value of C$64,500.00.
On Friday, February 7th, Sime Armoyan bought 200 shares of Western Energy Services stock. The shares were acquired at an average price of C$2.50 per share, for a total transaction of C$500.00.
On Wednesday, February 5th, Sime Armoyan purchased 700 shares of Western Energy Services stock. The stock was acquired 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 purchased 6,300 shares of Western Energy Services stock. The shares were bought at an average cost of C$2.50 per share, for a total transaction of C$15,750.00.
On Monday, December 30th, Sime Armoyan acquired 4,600 shares of Western Energy Services stock. The stock was bought at an average cost of C$2.50 per share, with a total value of C$11,500.00.
On Friday, December 27th, Sime Armoyan bought 400 shares of Western Energy Services stock. The shares were bought at an average cost of C$2.55 per share, for a total transaction of C$1,020.00.

Western Energy Services Price Performance

Shares of WRG stock opened at C$2.20 on Wednesday. The business has a fifty day simple moving average of C$2.59 and a 200 day simple moving average of C$2.70. The company has a market cap of C$74.45 million, a P/E ratio of -10.48, a P/E/G ratio of 0.09 and a beta of 1.49. The company has a quick ratio of 1.46, a current ratio of 1.82 and a debt-to-equity ratio of 37.49. Western Energy Services Corp. has a twelve month low of C$1.85 and a twelve month high of C$3.31.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on WRG. Atb Cap Markets raised 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 stock a “sector perform” rating in a report on Wednesday, January 15th.

Read Our Latest 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.