The Shares float of Seven Generations Energy Ltd. is 265.368M 79.59%
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.
Seven Generations Energy Ltd., together with its subsidiary, engages in the development of oil and natural gas properties in Canada. The company holds interests in the Kakwa River project, a natural gas property covering approximately 528,000 net acres located in the Kakwa area of northwest Alberta. Seven Generations Energy Ltd. was founded in 2001 and is headquartered in Calgary, Canada.