Echo Energy PLC
LSE:ECHO
We don't have any information about ECHO's insider trading.
Echo Energy PLC
Glance View
Echo Energy Plc is a holding company, which engages in the exploration and development of oil and gas properties primarily in Latin America. The firm's segments include Parent Company, Eastern Austral Basin, Tapi Aike and Bolivia. The Austral Basin is located in southern Argentina, across the provinces of Santa Cruz and Tierra del Fuego, and extends into Chile. The Tarija Basin is the gas producing basin of Bolivia and contains various commercial fields. Its Santa Cruz Sur is a collection of about 5 production concessions located in the onshore Austral Basin, southern Argentina. The license portfolio in Santa Cruz Sur consists of approximately 12 producing oil and gas fields with existing infrastructure for the delivery of oil and gas to local, domestic and international export markets.
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.
