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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 KathyPookeyon Feb 22, 2023 8:01pm
231 Views
Post# 35299740

Gear Earnings Report

Gear Earnings ReportDid they beat on earnings estimates ? Also their payout ratio is really low according to my CIBC so I'm surprised they didn't raise the dividend. I'd prefer that instead of share buybacks. Or prefer them to do a special dividend. I'm a small investor and bought 1000 shares at 1.02 today. I added to a current position.
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