Gear Energy Ltd T.GXE

Interesting

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Have been reviewing subscribers' questions over the past week. One was looking for recommendations for small and mid cap companies that are best positioned to take advantage of rising oil prices.

The answer was the usual suspects (ie. WCP, PXT and VET)

But they went on to add that if you're looking for something much smaller, you might want to check out GXE. So said the team at 5iResearch. GLTA

[retiredcf]

While GXE has run primarily with the sector, its recent results were good. Although total production fell, its financial metrics improved on higher pricing and debt was sharply reduced. The outlook is good here; higher risk for sure but in much better shape overall than last year. This further explains why last week, 5iResearch mentioned GXE when asked for some smallcap energy recommendations