Key Energy Services, Inc. (NYSE:KEG) COO David J. Brunnert sold 2,868 shares of the stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $15.00, for a total transaction of $43,020.00. Following the completion of the transaction, the chief operating officer now directly owns 70,042 shares of the company’s stock, valued at approximately $1,050,630. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Key Energy Services, Inc. (NYSE KEG) opened at $15.50 on Wednesday. Key Energy Services, Inc. has a 52 week low of $8.20 and a 52 week high of $38.00.
Several institutional investors have recently added to or reduced their stakes in the company. Fine Capital Partners L.P. increased its stake in shares of Key Energy Services by 59.5% in the third quarter. Fine Capital Partners L.P. now owns 1,004,038 shares of the oil and gas company’s stock valued at $13,223,000 after buying an additional 374,492 shares during the period. Vanguard Group Inc. increased its stake in shares of Key Energy Services by 20.2% in the second quarter. Vanguard Group Inc. now owns 291,977 shares of the oil and gas company’s stock valued at $5,618,000 after buying an additional 49,002 shares during the period. Hotchkis & Wiley Capital Management LLC increased its stake in shares of Key Energy Services by 26.0% in the second quarter. Hotchkis & Wiley Capital Management LLC now owns 245,250 shares of the oil and gas company’s stock valued at $4,719,000 after buying an additional 50,650 shares during the period. Balyasny Asset Management LLC increased its stake in shares of Key Energy Services by 18.6% in the second quarter. Balyasny Asset Management LLC now owns 227,534 shares of the oil and gas company’s stock valued at $4,378,000 after buying an additional 35,762 shares during the period. Finally, Boston Partners acquired a new position in shares of Key Energy Services in the third quarter valued at approximately $2,242,000. 49.21% of the stock is owned by institutional investors.
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Key Energy Services Company Profile
Key Energy Services, Inc is an onshore, rig-based well servicing contractor. The Company provides a range of well services to oil companies, foreign national oil companies, and independent oil and natural gas production companies. The Company operates in five segments: U.S. Rig Services, Fluid Management Services, Coiled Tubing Services, Fishing and Rental Services, and International.
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