Insider Trade Exclusive – President of Ensign Energy Services Cashes in On $4.5 million in Stock Options

Just after releasing year-end financial results, the President of Ensign Energy Services, Selby Porter, exercised and then sold 136,000 stock option for a reported profit of $4.5 million dollars.

As an investor in Ensign Energy Services or a potential investor in Ensign Energy Services this is a very interesting issue as if the President felt that the company could improve financial results in the near future then he probably would have not liquidated his interest in the Company.

All oil and gas investors should monitor insider trades of oil and gas public companies. www.findst.com is a invaluable resource for oil and gas investors as it helps oil and gas investors monitor their oil and gas stocks.

About the Author:
Carmen is an Insider Trading Analyst for Findst, an Oil and Gas Portal focusing on oil and gas stocks and oil and gas jobs specifically oilfield jobs and oil rig jobs.