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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 Nothingmatterson Dec 07, 2022 10:49am
97 Views
Post# 35156189

No debt

No debtIn this high interest environment, it is a safe stock. Let the dividend be cut to 5%. 

Still there be a dividend, and oil would be way higher next year after all doomsday predictions fail.
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