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.

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Gear Energy Ltd > Relax people

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Post by CandyCon Jul 28, 2023 12:14pm

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Post# 35561731

Relax people

I'm back in. Last year when WTI was $125 Gear hit their high of $1.92 with no dividend. Now they are paying a 6% dividend. I expect it will take out $1.92 when WTI hits $125 in the next couple years. It may happen sooner than we expect

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