Sterling Plc Insider ownership
What is the Insider ownership of Sterling Plc?
The Insider ownership of Sterling Energy Plc is 43.58%
What is the definition of Insider ownership?
Insider Ownership is calculated as the total number of shares owned by insiders (shareholders who own more than 5% of the corporation or an officer or director of the company) divided by the total Shares Outstanding.
A high value of insider ownership means that those working for the company have a large stake in the success of the company. This is sometimes seen as a sign that those running the company will work hard to ensure its success or believe the company's stock price will rise.
A change in insider ownership may come from exercise of option, stock grant and buying or selling of company shares. A purchase of company share signifies a confidence in the company's future performance by people who know the company best. Therefore, Net Insider buying is also an important indicator for investors.
Insider ownership of companies in the Energy sector on LSE compared to Sterling Plc
What does Sterling Plc do?
Sterling Energy plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa and the Middle East. It is involved in the appraisal, exploration, development, and production of oil and gas. The company holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland. The company was incorporated in 1983 and is headquartered in London, the United Kingdom.
Companies with insider ownership similar to Sterling Plc
- Praj Industries has Insider ownership of 43.55%
- James Cropper PLC has Insider ownership of 43.56%
- Warrego has Insider ownership of 43.56%
- Peako has Insider ownership of 43.56%
- Kaisun has Insider ownership of 43.57%
- AURES Technologies has Insider ownership of 43.57%
- Sterling Plc has Insider ownership of 43.58%
- Candente Copper has Insider ownership of 43.58%
- Mega Matrix Corp has Insider ownership of 43.60%
- Equus Mining has Insider ownership of 43.61%
- BlueRush has Insider ownership of 43.61%
- Aus Tin Mining has Insider ownership of 43.62%
- Ortin Laboratories has Insider ownership of 43.62%