The ownership structure of Topaz Energy Corp. indicates that the decisions made by the company may be influenced by its significant retail investor base. Topaz Energy’s share registry reveals that around 43% of the company’s shares are held by retail investors. This means that retail investors have the most to gain or lose from their investments in the company.
On the other hand, public companies make up 31% of the stockholders in Topaz Energy. It is important to consider the different types of shareholders and what they can tell us about the company. Institutional investors, for example, hold a fair amount of stake in Topaz Energy, which suggests that the company has credibility in the investment community. However, it is important to exercise caution when relying on institutional investors’ validation, as they can also make mistakes and influence share price drops.
Hedge funds have a relatively small stake in Topaz Energy, with Tourmaline Oil Corp. being the largest shareholder with 31% of outstanding shares. The top 14 shareholders collectively own 50% of the company, indicating a lack of majority interest by any single shareholder.
Analyzing insider ownership, it is positive to note that insiders, including top-level managers and board members, have a meaningful stake worth CA$142m in Topaz Energy. This level of investment suggests confidence and aligns the interests of insiders with other shareholders. Meanwhile, the general public holds a 43% stake in the company, which can still have a collective impact on company policies.
While understanding the ownership structure is important, it is essential to consider other factors when evaluating Topaz Energy. This includes assessing analyst sentiments and considering other warning signs. Ultimately, the future outlook of the company is crucial in making informed investment decisions.
Sources: Simply Wall St