Blacksteel Insider ownership
What is the Insider ownership of Blacksteel?
The Insider ownership of Blacksteel Energy Inc. is 0.42%
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 TSXV compared to Blacksteel
What does Blacksteel do?
Blacksteel Energy Inc. explores, develops, and produces oil and natural gas resources. Its primary asset is a 30% working interest in producing oil and gas in the Girouxville area in Northwest Alberta. The company is based in Calgary, Canada.
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