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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 > New Strategy Maybe??
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Comment by JTDOUBLEon Feb 18, 2023 8:45am
124 Views
Post# 35293461

RE:RE:New Strategy Maybe??

RE:RE:New Strategy Maybe??Investment in small caps like Gxe considering the imbalance in oil supply against the incoming demand the most important factors is the management skill as an operator ...

Gxe management have proven its worth here...

They have accomplished paying all their debts ..

Reinstituted dividend.. 

and growing production using its FCF for capex ..

The hardest thing with small , to many in patience with tge investment they have and tripping over for couple cents gain ..


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