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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 Roscoe747on May 28, 2022 12:31pm
219 Views
Post# 34714475

RE:RE:hate to say it

RE:RE:hate to say itOn a P/E metric, a 4.3/1 in a 12-13/1 average market equals $1.60x ~3 = $4.80. What happens if earnings rise? Then the P/E ratio falls and, theoretically, the stock price rises.

This scenario is only one metric, based on the financial oil market, but all indications are for a multi-year bull market for oil and the idiots in the anti-oil segment are going to guarantee it. Thank you, Sleepy Joe for refusing to accept reality in favour of political brinksmanship. The blue-eyed oil sheiks of Canuckistan salute you.
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