Delta Oil & Gas Inc
OTC:DLTA
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We don't have any information about DLTA's insider trading.
Delta Oil & Gas Inc
Glance View
Delta Oil & Gas, Inc. engages in the acquisition, development, and production of oil and natural gas properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2003-04-30. The firm seeks to acquire and develop properties with undeveloped reserves that are economically attractive to it. The Company’s focus is on the exploration of its core land portfolio comprised of working interests in acreage in Eastern Texas. Its properties include Texas Prospect, Premont Northwest Field and King City. The Texas Prospect covers an aggregate area of approximately 243 acres in Newton County, Texas. The Premont Northwest Field is located in Jim Wells County, Texas. The King City prospect consists of approximately 10,000 acres in Monterey County, California.
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.