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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 > GEar's breakeven
View:
Post by Chefboy69 on Dec 06, 2022 5:26pm

GEar's breakeven

is 55$ oil...

and at current level payout ratio for divi is 11%

100% safe divi.....learn how to read income statements or lose money and let these FUD'sters steal from you
Comment by Chefboy69 on Dec 06, 2022 5:55pm
also Navjoe, the more you say DIVI CUT THE MORE I KNOW ITS SAFE...and i get my information from sedi NOT stockhouse thx but try uyour FUD games on newbs( none left in market) they all have to pay their lines of credit and loans 5% coming this week bro I think you will find 2023 a lot harder to steal from NEWBS
Comment by Roscoe747 on Dec 06, 2022 8:45pm
May I remind the financial literacy challenged that US$74 WTI equals C$100 and that dividends are paid in C$? So are capex, overhead and opex. Cherry-picking numbers without comprehending the context results in compromised data and poor decision making.
Comment by navajojoe on Dec 06, 2022 9:29pm
This post has been removed in accordance with Community Policy
Comment by Chefboy69 on Dec 06, 2022 9:36pm
has oil traded below 75 for an entire month??? who's the fool???I know who....YOU 
Comment by lashing on Dec 07, 2022 2:02am
Wow .... you held thru and lost 2 years of dividend in a flash. Maybe you should direct that anger inwards and stop the bleeding. I was right, made money. You were wrong, lost money.
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