Echo Plc Shares float
What is the Shares float of Echo Plc?
The Shares float of Echo Energy Plc is 1.261B 96.31%
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 Echo Plc
What does Echo Plc do?
Echo Energy plc, through its subsidiaries, operates as an exploration and gas focused E&P company in Latin America. The company's asset portfolio consists of Santa Cruz Sur. It also engages in holding Argentinian and Bolivian branch assets. The company was formerly known as Independent Resources plc. Echo Energy plc was incorporated in 2005 and is based in London, the United Kingdom.
Companies with shares float similar to Echo Plc
- Tongcheng-Elong has Shares float of 1.256B 56.29%
- Ballarpur Industries has Shares float of 1.257B 97.20%
- Actinogen Medical has Shares float of 1.257B 69.61%
- GTI Resources has Shares float of 1.258B 111.48%
- PT Bank Rakyat Indonesia (Persero) Tbk has Shares float of 1.259B 41.94%
- Suncorp has Shares float of 1.260B 99.79%
- Echo Plc has Shares float of 1.261B 96.31%
- Pak Tak International has Shares float of 1.266B 32.45%
- Cenovus has Shares float of 1.266B 65.99%
- Innovent Biologics has Shares float of 1.267B 86.35%
- MTN has Shares float of 1.269B 70.19%
- Direct Line Insurance plc has Shares float of 1.269B 95.34%
- Verde Bio has Shares float of 1.269B 97.61%