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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

Post by 7Twiggyon Aug 06, 2022 10:12am
340 Views
Post# 34876222

Yesterday Globe summary

Yesterday Globe summary

Gear Energy Ltd stock boosted on Friday.

The Globe and Mail - Fri Aug 5, 3:03PM CDT
 

Gear Energy Ltd opened trading today at $1.18 and closed at $1.25. prices ranged from $1.17 to $1.27.

The price advanced 3.31% from the previous day's close of $1.21.

Today across North America, the TSX Composite closed 0.16% at 19577.04, the S&P 500 closed -0.08% at 4151.94, the Dow Jones Industrial Average closed -0.26% at 32726.82 and the Nasdaq Composite closed 0.41% at 12720.58.

Gear Energy Ltd has listed on the TSX stock exchange under the ticker GXE.TO.

A total of 1,073,713 shares was traded during the session, with total trades of 644. On average, Gear Energy Ltd has traded 2,012,854 shares in the last five days and 2,408,041 year-to-date.

Trading across the entire TSX saw 2,935 price advancers against 2,628 declines and 246 unchanged.

During the prior 52 weeks, GXE.TO has traded as high as $1.94 (March 08,2022) and low as $0.53 (August 19,2021). Moreover, the shares have soared 81.16% in the last year, while this year, they have advanced 37.36%.

GXE.TO's updated dividend yield is 0.01%. It announced a 0.02 dividend on July 27/22, with an August 12/22 ex-date and August 31/22 pay day.

Following today's trading, Gear Energy Ltd has a market capitalization of $312.39 million on a float of 258,173 shares outstanding. Its annual EPS is $0.44.

Gear Energy Ltd is a TSX Oil & Gas E&P company headquartered in Calgary, US.

 

Gear Energy Ltd is holding an average recommendation of "Moderate Buy" from 2.00 analysts according to Zacks. Currently, there are 1 buy ratings and 1 hold ratings for the stock.

Artificial Intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..

 

 


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