Petrolia E&P Holdings Plc
OSE:PSE
We don't have any information about PSE's insider trading.
Petrolia E&P Holdings Plc
Glance View
Petrolia SE provides drilling and well technology services through the ownership and operation of semi-submersible and jack up drilling rigs. The company operates three business segments, namely Oil & Gas, Drilling & Well Technology and Oilfield Services. The firm is present in Norway, the Netherlands, Romania, Australia, New Zealand and Singapore. Its product categories comprise tubing, drill pipe, casing and handling equipment, as well as oilfield services. As of December 31, 2011, the Company had a number of subsidiaries, such as Petrolia Tool Pool AS, Petrolia Invest AS, Venture Drilling AS, Petrolia Drilling Ltd, Petrolia Norway AS, Petrolia Rigs II AS and Petrolia Drilling II AS, among others. The firm changed its name on February 4, 2013.
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.