New West Services Insider ownership
What is the Insider ownership of New West Services?
The Insider ownership of New West Energy Services Inc. is 62.56%
What is the definition of Insider ownership?
Insider Ownership is calculated as the total number of shares owned by insiders (shareholders who own more than 5% of the corporation or an officer or director of the company) divided by the total Shares Outstanding.
A high value of insider ownership means that those working for the company have a large stake in the success of the company. This is sometimes seen as a sign that those running the company will work hard to ensure its success or believe the company's stock price will rise.
A change in insider ownership may come from exercise of option, stock grant and buying or selling of company shares. A purchase of company share signifies a confidence in the company's future performance by people who know the company best. Therefore, Net Insider buying is also an important indicator for investors.
Insider ownership of companies in the Energy sector on TSXV compared to New West Services
What does New West Services do?
New West Energy Services Inc. provides waste management and environmental services to the drilling, completions, and production sectors of the oil and gas industry in Canada. The company operates through two business segments: Vacuum and Water Truck Services, and Environmental Services. Its environmental services cover drilling waste testing, disposal, and treatment; mud system management; disposal management and coordination; pipeline crossings project management; sump suitability assessments; spill response and management; pre-disturbance environmental assessments and approvals; and drilling and completions water management, including TDL application, sourcing, monitoring, and usage tracking. The company was formerly known as Lexacal Investment Corp. and changed its name to New West Energy Services Inc. in October 2007. New West Energy Services Inc. was incorporated in 1986 and is headquartered in Calgary, Canada.
Companies with insider ownership similar to New West Services
- Melco International Development has Insider ownership of 62.53%
- Indo Count Industries has Insider ownership of 62.53%
- Superhouse has Insider ownership of 62.54%
- Swelect Systems has Insider ownership of 62.54%
- Sanara MedTech has Insider ownership of 62.54%
- Solara Active Pharma Sciences has Insider ownership of 62.55%
- New West Services has Insider ownership of 62.56%
- Premier Veterinary plc has Insider ownership of 62.57%
- L'Oréal SA has Insider ownership of 62.58%
- Loto Interactive has Insider ownership of 62.58%
- Albert David has Insider ownership of 62.59%
- HongDa has Insider ownership of 62.60%
- MEIGU Technology has Insider ownership of 62.60%