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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 > Fact vs Speculation.
View:
Post by Roscoe747 on Sep 07, 2022 5:09pm

Fact vs Speculation.

Fact: GXE is debt-free and earns positive cash flow.

Speculation: Global economy will entertain a recession for various reasons resulting in reduced demand.

Whether the speculation is right or wrong, here is what will not happen: banks forcing crippling hedges, negative cash flow or capital losses. Maybe, at worst, a divvy suspension and a quarter or two of no capex.
 

If the speculation is wrong, higher prices, including share price and more free cash.

Comment by navajojoe on Sep 07, 2022 10:25pm
This post has been removed in accordance with Community Policy
Comment by JTDOUBLE on Sep 08, 2022 12:00am
We shall see , put more chips here hoping the thesis stay put and oil price starts to firm up with its fundamentals.. EIA still think demand will rise in 4th quarter !!   the Uthe U.S. Energy Information Administration (EIA) said in its monthly Short-Term Energy Outlook report that it expects global crude demand to increase in the fourth quarter of 2022 and the first quarter of 2023, as ...more  
Comment by MLEWICKIMBA on Sep 08, 2022 2:16am
Thats the best analysis i have seen Roscoe747. Gear will be squeaky clean in 12 months so will hold up....