RE:RE:RE:RE:current dividend sustainable ?I don't believe Gear currently has excess cash flow, they are borrowing to pay the dividend. I do believe this is short term; WTI will rise and WCS differential will shrink, and GXE will generate a ton of cash.
Investing in Gear is a bet on oil prices, as it's breakeven is around $80WTI, give or take on differentials and FX. Gear SP will soar if WTI goes consistently above $80 and it will tank if it goes long-term below $80.