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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 Luckyelevenon Aug 30, 2022 5:16pm
162 Views
Post# 34930818

You would think....

You would think....There will be some volume on the buy side tomorrow with the 2 penny dividend payout and the price being lower. Down 10% now from last weeks high with oil around the same price. A headwind could also be the recent AECO price as they do have exposure to that and if not hedged getting not much for that the last couple of weeks.

https://www.gasalberta.com/gas-market/market-prices
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