Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by Roscoe747on Apr 13, 2023 8:50pm
98 Views
Post# 35394337

RE:RE:RE:Why does the share price continue to fall?

RE:RE:RE:Why does the share price continue to fall?It is ludicrous to invest in oil sector high beta micros and expect the stocks to react like Suncor. If you expect a high beta reward, expect to absorb high beta volatility and stock rerating after all the better names have become too expensive. The generalist investor does not understand the oil sector and stubbornly refuses to commit. The oil sector investors are busily buying and selling to each other, scalping a penny here and a penny there with retail getting its pockets picked by algos.

The upside to the cheap share price is fundamentals that dictate increasing cash flow per share at an ever higher yield unless the stock rerates. And, you pick up a 12% divvy while waiting. So suck it up or jog on. Oil juniors isn't for sissies.
<< Previous
Bullboard Posts
Next >>