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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Energy Oil & Gas E&P
Gear Energy Ltd. is an oil-focused exploration and production company. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its operations are located in three core areas: Lloydminster Heavy Oil, Central Alberta Light/Medium Oil and Southeast Saskatchewan. The Company is also engaged in focused on improving oil recoveries through the application of water flood technology. The key properties in the Central Alberta Light asset include Wilson Creek, Ferrier, Killam, Drayton Valley, and Chigwell.


TSX:GXE - Post by User

Gear Energy Ltd > Dividend must be eliminated
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Comment by Roscoe747on May 15, 2023 3:56pm
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Post# 35448918

RE:RE:RE:Dividend must be eliminated

RE:RE:RE:Dividend must be eliminatedIn non-circus news today, Eric Nuttal......In other circus news today, Eric Nuttall reaffirms his confidence that eventually, demand will overtake supply and oil producer stocks with a heavy oil component will rerate to 2X today's price. While inflation is still a concern and a recession booked in US and Europe, demand growth in the rest of the world will soon consumer extra barrels and lay bare the supply deficit. At $100 WTI, stocks are estimated to rerate 2X.
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