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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

Comment by Sugareeon May 09, 2022 2:26pm
160 Views
Post# 34667890

RE:RE:EX Dividend Date May 13 , 2022

RE:RE:EX Dividend Date May 13 , 2022You say the "name", meaning GXE, however, I could name 13 other Cdn O&G companies also down 10% today and another 15 that are 8% or worse, so today has nothing to do with the name Gear specifically. All of them are larger market caps.

Great buying opportunity. I loaded up a tonne more GXE today at $1.45 average, from cash i had selling some NVA last week from a huge run up it had.

Luckyeleven wrote: The dividend is .01 for a 3 month period and the stock is down .15 just today. You could hav sold Friday and now recover 15X what the dividend payout will be. I'm long on the name but there is many reasons why one would sell. 


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