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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum 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... see more

TSX:GXE - Post Discussion

Gear Energy Ltd > Gear energy sellers - GEAR debt free on April 30, 2022
View:
Post by MLEWICKIMBA on Apr 25, 2022 1:15pm

Gear energy sellers - GEAR debt free on April 30, 2022

No hedges in Q2 - April WTI higher than Q1 WTI average unless bad things happen this week. That means 6 7M debt balance should be ZERO in the next monthly report. Then buybacks, and 0.05 to 0 05 cents a share quarterly dividend possible.
Comment by MLEWICKIMBA on Apr 25, 2022 1:19pm
0.03 cents to 0.05 cents range for their quarterly dividend I think.
Gear Energy Ltd