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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 > Gear Earnings Report
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Comment by Relaxrelaxon Feb 22, 2023 8:27pm
115 Views
Post# 35299783

RE:Gear Earnings Report

RE:Gear Earnings ReportYeah, they beat.  You should try and read the news release.  Raise the dividend?  Their current payout yield is over 11% and paid out 39% of free cash flow which is pretty dam good.  They have committed to paying out the dividend till the end of the second quarter.  All this information is in the news release.
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