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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
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Post by JTDOUBLEon Jun 05, 2022 12:04pm
207 Views
Post# 34732482

Gxe fundamentally sounds ..

Gxe fundamentally sounds ..

Just do your DD here ..

Company has no debts , the products it sells the price have gone to 2x -3X .. The cost of production have gone down .. 

Im expecting an increase in payout to shareholders through NCIB and dividends increases .. 

Not very much oil and gas companies have achieve the zero debts, gxe is ahead of the pack in this category through prudent operations. Giving management here an A+..

 

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