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Bullboard - Stock Discussion Forum Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Energy Oil & Gas E&P
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 > What A Mess
View:
Post by bonjovi501 on Aug 04, 2022 10:23am

What A Mess

how in the heck a stock with a good dividend like GXE have selling pressure? These oil stocks are so hated and even with Nuttal preaching how great of deals they are no one cares. Will the retail investor ever wake up? Does not look like it.
Comment by jake12116 on Aug 04, 2022 10:38am
My concern is $40 oil price  im sitting of cash 
Comment by pierrelebel on Aug 04, 2022 10:41am
"even with Nuttal preaching how great of deals they are no one cares." Reality check: WTI is trading below US$90 this morning - the lowest since Russia invaded Ukraine six months ago. Looking at most Canadian producers, including GXE, they generally trade at much higher levels than six month ago when WTI was at US$90. So things are not as bad as they seem this morning.  Maybe ...more  
Comment by Chefboy69 on Aug 04, 2022 1:38pm
100% correct...i just made 150% on CCXI today big deal this is down....i made 110% on SU when i sold at 52 as long as your winners outweigh your losers.. LIFE IS GOOD I could care less about the current share price...i am trying get my funds back at 10% i used all my dry powder in June... I am sitting here very happy
Gear Energy Ltd