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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 CandyCon Jun 11, 2022 4:49pm
211 Views
Post# 34749542

RE:GXE hit $6.25 during july 2014..Price per wti...

RE:GXE hit $6.25 during july 2014..Price per wti...

give it time and we are due for a few spikes to $2-2.3

JTDOUBLE wrote:
was between 107-111..Now WTI is 120 per barrel we are trading at 1.52..

The company now lean and one of lowest cost producers sporting gross margin about 60%..

This should be trading minimum half of its high at 107 wti..

Still think one of most undervalued plays a have out 7 oil stocks..

 

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