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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 > With WTI presently down ~$3.50 ...
View:
Post by zack50 on Jan 04, 2023 11:24am

With WTI presently down ~$3.50 ...

it's amazing that GXE is down only $0.01, as of this post.Stock is holding... pleasantly surprised.
Comment by geezer21 on Jan 04, 2023 1:28pm
Not surprized.  GXE is the best performing producer.  Also, they have the highest dividend so you get paid while waiting.
Comment by lashing on Jan 04, 2023 7:05pm
Until the div is cut which is anyday with these prices not producing cashflow to fund the dividend.  But you'll have a little freak out as usual because you dont understand FFO nor cash on hand
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