Sterling Plc Shares float
What is the Shares float of Sterling Plc?
The Shares float of Sterling Energy Plc is 130.483M 59.30%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float 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 shares float similar to Sterling Plc
- Power Metals has Shares float of 130.191M 97.86%
- CAR has Shares float of 130.259M 6.14%
- Zhejiang SANMEI Chemical Industry Co has Shares float of 130.327M 21.35%
- Hero MotoCorp has Shares float of 130.336M 65.25%
- Comerica has Shares float of 130.337M 80.60%
- Ipca Laboratories has Shares float of 130.432M 102.82%
- Sterling Plc has Shares float of 130.483M 59.30%
- Asia Tele-Net and Technology has Shares float of 130.510M 33.13%
- Cathedral Services has Shares float of 130.560M 58.57%
- Orient Overseas (International) has Shares float of 130.582M 19.77%
- Longtable has Shares float of 130.585M 63.00%
- Hills has Shares float of 130.629M 56.31%
- Schroders plc has Shares float of 130.641M 231.22%