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Bullboard - Stock Discussion Forum Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Gear Energy Ltd. is a Canadian exploration and production company with heavy and light oil production in Central Alberta, West Central Saskatchewan and Southeast Saskatchewan. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its properties include Celtic/Paradise Hill, Saskatchewan; Wildmere Area, Alberta... see more

TSX:GXE - Post Discussion

Gear Energy Ltd > LOU better than GXE
View:
Post by Ramsy40 on Jun 08, 2022 11:25am

LOU better than GXE

LOU share price $0.90
LOU has 11000 barrels a day
LOU Canadian company production in USA
Posted 5.88 million dollars Net Profit
Comment by Roscoe747 on Jun 08, 2022 12:02pm
  What is up with the name change and the shareholder approval of a 15:1 share rollback on 700 million shares?
Comment by geezer21 on Jun 08, 2022 12:30pm
LOU is not better. For Lou you are paying a p/e of 7.40 to GXE's 4.30 and LOU profit margin of 18.13% where GXE has a profit margin of 60%, on the highest in the patch.
Comment by CandyC on Jun 08, 2022 2:55pm
both will do great once Nuttall starts pumping both again   
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