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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 > New money
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Comment by lashingon Aug 04, 2022 7:36pm
169 Views
Post# 34872774

RE:RE:RE:New money

RE:RE:RE:New moneyWell, another war is brewing and recession just begun. There is going to be plenty down days ahead. Probably why GXE made the changes, management wouldnt mind A) getting out and b) collecting big fat divs if they cant do A

OIl isnt staying here long term but its also going to be under attack no matter how high it settles and everyone knows that. 

jake12116 wrote: I scratch my head at all the 10% annual div 
it lost 6.2 % today lol 
could possibly do same tomorrow 
I'm not comfortable for 1 day holding shares these days 
There is no clear direction these days


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