Tullow Oil PLC
LSE:TLW
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Tullow Oil PLC
Glance View
Tullow Oil Plc engages in the exploration, development and production of oil and gas. The firm's primary activity is the discovery and production of oil and gas. Its segments include Ghana, Non-operated, Kenya and Exploration. Exploration segment includes Argentina, Comoros, Guyana, Suriname, Peru, Norway, Jamaica and Namibia. Non-operated segment consists of producing assets, including Uganda and Gabon. The firm has interests in over 50 exploration and production licenses across 11 countries, including Ghana where it operates the Jubilee and TEN fields. The firm's operations are in Africa and South America. The firm's subsidiaries include Hardman Oil and Gas Pty Ltd, Hardman Resources Pty Ltd, Tullow Mozambique Limited, Tullow Oil SPE Limited, Planet Oil International Limited, Tullow Congo Limited, Tullow Uganda Holdings Pty Ltd, Tullow Gabon Holdings Limited and Tullow Oil Ltd.
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.