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Bullboard - Stock Discussion Forum Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

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 > A mix bag but....
View:
Post by Luckyeleven on Jul 27, 2022 4:26pm

A mix bag but....

bias to the positive going forward. Production a challenge, slowing buybacks but hey that dividend announcement is sweet. If they can reach that 6400 production by first quarter of 2023 as they are guiding we shoud be off to the races. Happy over all and very happy to not hear back in debt with some acquisition. Not sure of the market reaction tomorrow but I'm thnking maybe 1.25 or so. Any red and I'm wiling to throw 250k at it.
Comment by OilyOx on Jul 27, 2022 4:38pm
There ain't nothin mixed about a 10% dividend yield, point me towards another canadian e&p paying that?!? GAP UP TOMORROW, NO DOUBT!
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