Crown Point Energy Inc
XTSX:CWV
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We don't have any information about CWV's insider trading.
Crown Point Energy Inc
Glance View
Crown Point Energy Inc. is an international oil and gas exploration and development company, which explores, develops, and produces petroleum and natural gas properties in Argentina. The company is headquartered in Calgary, Alberta. The firm has three producing basins in Argentina: the Austral basin in the Province of Tierra del Fuego and the Neuquen and Cuyo basins in the Province of Mendoza. The firm has a 100% working interest in approximately 101,208 acres Cerro de Los Leones exploration concession located in the Neuquen Basin. The company has a 34.74% non-operated working interest in the Rio Cullen, La Angostura, and Las Violetas exploitation concessions in the Austral Basin of Tierra del Fuego, representing a total of approximately 489,000 gross acres. Its Chanares Herrados (CH) producing oil block is located in the Cuyo Basin, approximately 50 kilometers south of Mendoza City, Province of Mendoza. The company has a 50% non-operated working interest in the Chanares Herrados exploitation concession in the Cuyano Basin, representing a total of approximately 10,057 gross acres.
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.
