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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 > Amazing company... Buying
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Comment by jleer42on Aug 12, 2022 3:58pm
112 Views
Post# 34892687

RE:RE:Amazing company... Buying

RE:RE:Amazing company... BuyingGear currently shows a 5.97% dividen yield ($1.34 SP) - BMO for me - once this updates the yield is 8.96% and should get picked up on dividend screeners. Might see an influx of new retail buyers.

Gringotts wrote: I'm on the same page as you! GXE is a gem. I bought more today and am very comfortable with the purchase. Ironically, if oil heads up to the $105-115 range and stays there for any length of time, we will likely see a 'bloody' dividend increase. That would be amazing. ...
glta  


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