Gear Energy Ltd T.GXE

Q4 MDA

[CandyC]

https://gearenergy.com/wp-content/uploads/2022/02/2021-MDA.pdf

[itsalie]

Meh, nothing to get excited about.. we'll see how the market reacts

[CandyC]

It was expected. We will see the SP tomorrow but I expect flat to 15%. Looks like debt free sometime in March. Then buybacks. Nothing but profits 

[tvstock]

I hope you mean 15% up? Am i cxorrect ?

[lashing]

He said flat - 15% .... pretty clear. But really, market will tell you tommorow. What anyone says here doesnt matter. 

[CandyC]

If we don't get 15% tomorrow then we will at some point if WTI stays at current levels 

[lashing]

This one trades like a yo-yo. Long term sure. But so easy to make 5% few times a month on GXE

[Konaboy]

Just ballparking 40 million to spend in the remainder of the year, assuming solid WTI. 10% NCIB is about 42 million @1.60/share.  But we'll need some growth.  10 Mil on a dividend is ~4cents, yielding ~2.4%.  Lots of options to consider. Unfortunate that they felt compelled to hedge 2400bpd, not sure when that was taken on.  Realistically, nerves are still very raw over

[gossamer6]

This post has been removed in accordance with Community Policy

[yureja]

This post has been removed in accordance with Community Policy

[EstevanOutsider]

Dont see the reason to love this. Trading expensive. Low grade assets. There are way better names to enter.