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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 > 9% dividends and oil fundamentals still positive..
View:
Post by JTDOUBLE on Oct 26, 2022 10:58am

9% dividends and oil fundamentals still positive..

Expecting a multi baggers here for those who has done their DD here..

GXE no debts ..Like a person who is mortgage free with Increase in salary of over 100% ..

Now lets pay ourselves first !!
Comment by marquac on Oct 26, 2022 12:28pm
It is nice that Gear carries no debt now and it appears they have no wish to go back into debt either.  I am hoping that they are stashing some cash away to make an aquisition or two in the future.  I'm enjoying the dividend right now (76,000 shares at approximately .77 cents) and would very much like for it to continue for several years down the line.
Gear Energy Ltd
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