Petroteq Energy Inc
F:PQCF
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We don't have any information about PQCF's insider trading.
Petroteq Energy Inc
Glance View
Petroteq Energy, Inc. is a holding company, which engages in the development and implementation of proprietary oil sands mining. The company is headquartered in Sherman Oaks, California. The company went IPO on 2008-08-06. The Company’s primary focus is on the development and implementation of its own oil sands mining and processing technology to recover oil from surface mined bitumen deposits. The Company’s subsidiary includes Petroteq Energy CA, Inc. (PCA). PCA operates through its two subsidiaries, Petroteq Oil Recovery, LLC (POR), and TMC Capital, LLC (TMC Capital). PCA is engaged in the business of exploring for, extracting and producing oil and hydrocarbon products from oil sands deposits and sediments located in the Asphalt Ridge Are of Uintah County, Utah. PCA utilizes its own extraction technology. PCA’s primary oil sands extraction and processing operations are conducted at its Asphalt Ridge processing facility, which is owned by POR.
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.