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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
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Post by pierrelebelon Jul 18, 2023 4:14pm
163 Views
Post# 35546727

No problem with monthly dividend

No problem with monthly dividend
Oh well.... over the last quarter, bank loan actually went down by about one million dollars, confirming that the monthly dividend is not at risk in the current oil/gas pricing environment.

Maybe it is time for the shorts to leave this board.  They do not scare anyone anymore.  Their words are empty with no basis in facts.

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Dealroom for high-potential pre-IPO opportunities