Sound Energy PLC
OTC:SNEGF
We don't have any information about SNEGF's insider trading.
Sound Energy PLC
Glance View
Sound Energy Plc engages in the business of oil & gas exploration and production. The firm's asset portfolio consists of over sixteen onshore exploration permits and one onshore exploitation concession in Morocco. The company operates through three segments: corporate; exploration and appraisal, and development and production. The Tendrara permit is located in the Figuig Province, NorthEast Morocco. The Tendrara permit area, which is sub-divided into over eight blocks, covers a combined area of approximately 14,411.4 square kilometers. The Anoual permit area comprises of over five exploration permits, which covers an area of 8,873.3 square kilometers. The Sidi Mokhtar permit is located in the Essaouira Basin in central-southern Morocco and is sub-divided into two blocks (East and West) with a combined area of approximately 4,711.7 square kilometers. The company also owns one exploitation concession in Tendrara, which covers an area of approximately 133.5 square kilometers.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
