Gear Energy Ltd T.GXE

New Strategy Maybe??

[bonjovi501]

not to sure GXE can continue to pay a dividend this high forever but if they had some extra coin maybe they could start buying back shares or put themselves up for sale. Otherwise how is GXE ever going to get some value back? Nice to be debt free and paying a dividend but a higher share price would be very nice.

[Roscoe747]

Gear is at fair value now in the circumstances of the present day. That said, Gear also has tremendous torque to a positive resolution of the macro issues affecting oil pricing. Resolving the issues of inflation, recession, monetary policy and demand expansion will create the conditions necessary for a rerating of smallest oil caps. Since GXE is likely under the market cap for investment by most

[JTDOUBLE]

Investment in small caps like Gxe considering the imbalance in oil supply against the incoming demand the most important factors is the management skill as an operator ... Gxe management have proven its worth here... They have accomplished paying all their debts .. Reinstituted dividend..  and growing production using its FCF for capex .. The hardest thing with small , to many in

[lashing]

They are not debt free ... read the month reports

[Roscoe747]

Yeah. I speculate GXE being 8-10 mil into the credit line before paying the credit line off by spring. WTI between $80 and $100 with an $18 WCS diff. $.75 fx. Dividend payments and Q1/23 cap ex will exceed cf in the short term. Not a big deal but still material. China claims covid licked. If demand comes back, we are rocking.

[Reachme]

GXE is a no brainer...driving season around the corner....it's a good time to purchase before the jump up