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

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TSX:GXE - Post Discussion

Gear Energy Ltd > Debt continues to climb

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Post by tylerreddick on Dec 14, 2023 10:19pm

Debt continues to climb

They need to eliminate the dividend.

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Comment by YesSetForLife on Dec 15, 2023 9:27am

Glad to be out of this mess this Stock is dying the company is dying

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Comment by Iliveinavan on Dec 15, 2023 10:35am

Thee company is dying ? You were calling for $2 six weeks ago. One of the keys to successful investing is controlling your emotions.....just sayin'.

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Comment by Roscoe747 on Dec 16, 2023 6:14pm

There is nothing in this update to suggest that supporting the dividend is the best use of cash flow. There is also nothing in this update to suggest the company is not profitable. The problem the energy sector faces is investor sentiment, not market fundamentals. Conflicting data and untrustworthy data aggregators plus political naratives based on manipulation have made investors leary. it will ...more

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