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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 JTDOUBLEon Aug 29, 2022 10:19am
117 Views
Post# 34926478

RE:RE:GXE keep giving gifts..

RE:RE:GXE keep giving gifts..
navajojoe wrote:
JTDOUBLE wrote:
At this level it is a gift given the price of oil ..

GXE most undervalued dividend stock right now regardless of any metric measures used..


.

 
That is quite the claim. Lets see the calculations you used to come to that conclusion. Oh, I forgot, you didn't do any, you are just spewing bs.


Show me a company with no debts , pays 9% in diivends and only 30% of earnings payout ratio..with expected of 40 cents annually EPS next year if oil stay at this level  this brings  Pe ration of 3..

A multiple of 10X easily 4 bucks ..I am expecting at least 2.75 here!!

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