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

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TSX:GXE - Post Discussion

Gear Energy Ltd > Dividend sustainable with $77 oil.

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Post by astutein on Jan 03, 2023 4:56pm

Dividend sustainable with $77 oil.

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Comment by navajojoe on Jan 03, 2023 5:34pm

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Comment by astutein on Jan 03, 2023 7:00pm

what % of dvidend navajojoe? cURRENT 10%?

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Comment by navajojoe on Jan 03, 2023 10:05pm

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Comment by Kadiddelhopper on Jan 04, 2023 1:34am

GXE has both Heavy Oil producing properrties, and light oil producing properties. What is the split ? Are there hedging opportunities for the WCS Production heavy oils, to ameliorate the low WCS price, if it gets to $50 or below? Maybe just shut- in the Heavy oil Production ( Or Sell those Properties ) and boost the better-priced Light Oil Production. Just noodlin' some ideas.

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