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Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

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

Post by masfortunaon May 04, 2022 5:38pm
210 Views
Post# 34656711

Q2 Forecast

Q2 Forecast31 million in FCF for q2 projected at wti numbers used (wti is higher today than in their model). Q1 they reported 18 million BUT lost 7 million to hedging which they say won't be a problem next Q.

All in all, an excellent quarterwhich should lead to an immediate sp appreciation.
Mas
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