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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Energy Oil & Gas E&P
Gear Energy Ltd. is an oil-focused exploration and production company. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its operations are located in three core areas: Lloydminster Heavy Oil, Central Alberta Light/Medium Oil and Southeast Saskatchewan. The Company is also engaged in focused on improving oil recoveries through the application of water flood technology. The key properties in the Central Alberta Light asset include Wilson Creek, Ferrier, Killam, Drayton Valley, and Chigwell.


TSX:GXE - Post by User

Gear Energy Ltd > Year end results Wednesday
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Comment by AliNaimion Feb 17, 2021 9:19am
241 Views
Post# 32583067

RE:RE:Year end results Wednesday

RE:RE:Year end results Wednesday
Any update made with oil over $60 USD and WCS approx $63 CDN will be positive by nature. We are looking at $50+ Million in CF a stunning $30 million in FCF. Debt should be already under 1X CF so their are some juicy options utilizing GXE's excess FCF. The NR should be a nice catalyst today. 
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