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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 > No debt
View:
Post by Nothingmatters on Dec 07, 2022 10:49am

No debt

In this high interest environment, it is a safe stock. Let the dividend be cut to 5%. 

Still there be a dividend, and oil would be way higher next year after all doomsday predictions fail.
Comment by navajojoe on Dec 07, 2022 11:36am
This post has been removed in accordance with Community Policy
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