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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 > Love the variable div.
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Post by Chimpwithdarton May 05, 2022 2:35pm
293 Views
Post# 34659579

Love the variable div.

Love the variable div.NCIB will start cranking out on monday and the forecasted variable div of 0.026 for q2 can easily be higher due to high oil prices while being unhedged. Q1 will be/was this co's worst q for the year due to hedging and a slow january, it is only up from here. Unfortunately we were dragged down by broader market conditions today! Great time to add.
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