Gear Energy Ltd T.GXE

Ingy ain’t beating around the bush!

[MohelJFox]

2022 81mill cf @75$ wti
ncib top priority
10% share buyback and still have fcf
90% heavy oil output is now around 50% of production
He's a Whitecap shareholder as well
(hints of a future relationship? )
Dividend ------- would fit into the model once decline is stable
"We have not ruled out a dividend, it's one of the top 3 things we are looking at "

Oy Vey !

[CandyC]

Exactly my thought about whitecap