Gear Energy Ltd T.GXE

GXE will have to eliminate the dividend

[tylerreddick]

They simply aren't making enough to pay it with WCS oil prices in the toilet.
They never should have started a dividend in the first place, just did it to prop up the share price, and that backfired.

[Quintessential1]

I don't think so just based on their monthly reporting data they appear to be at a sustainable level with regards to WTI pricing at these levels.  Even a decrease in WTI pricing from here may not be as critical going forward as the WCS-WTI discount is set to narrow with the commisioning of the TMX pipeline. https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil