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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 > WTI below $70 again
View:
Post by navajojoe on Jun 11, 2023 8:07pm

WTI below $70 again

Dividend still not being covered by free cash flow, according to GXE's presentation.
Comment by Reachme on Jun 12, 2023 12:26am
I'm getting paid again this month while you are getting nothing....
Comment by CountryBoy69 on Jun 12, 2023 12:53pm
Yes and so am l. Yet Wah Wah Wah, the board crybaby got another post removed. Cause , some over the top entity called it bullying, for what. I commented that on another board the crybaby was advising real posters to put another poster on ignore for posting misleading information. My comment was that was hypocritical and take your own advice. News alert CM , Hypocrite is a word in Webster's and ...more  
Comment by nobeard on Jun 12, 2023 3:42pm
CountryBoy69, my theory is that stockhouse wants Navajojoe, DonaldJ,tylerreddick (who are the same in my opinion) on the message boards.  This is because in order for a person to ignore them they have to sign up, this increases membership and possibly income. The Saudi cutbacks start in July, I believe.  Wait and see if this affects the price.  Summer drilling well under way for ...more  
Comment by navajojoe on Jun 12, 2023 8:15am
$68.50 this morning, not good.
Comment by lovehockey on Jun 12, 2023 10:18am
Great! That probably means I can buy more Gear when my dividends come! I am totally fine with such situation short term!
Comment by navajojoe on Jun 12, 2023 10:38am
What if it isn't just "short term". 
Comment by lovehockey on Jun 12, 2023 10:44am
We would need an abundance of oil and my personal belief is that it is not happening. 
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