Brad Corson adds to holdings
) stock dropped 6.7 per cent on Dec. 12 after the company announced that 2025 capital and exploration expenditures were expected to range from $1.9-$2.1-billion. Not helping matters was reports that Ottawa was considering a tax on U.S.-bound oil exports should a trade war erupt with Washington. Meanwhile, Imperial Oil CEO Brad Corson was buying the stock’s pullback. Between Dec. 12-13, he bought 10,000 shares at an average price of $96.90.
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 at. 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.
Study and track financial data on any traded entity: click to open the full quote page. Data updated as ofThursday’s Insider Report: CEO makes a US$680,000 purchase in this large-cap energy stockBank of Nova Scotia insiders snap up shares after latest earnings reportRob CarrickMy Buy and Hold Portfolio continues to post large gains, but it’s time to make a big Canadian bank swap
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