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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 > Dividend is not sustainable?
View:
Post by astutein on Jun 29, 2023 8:11pm

Dividend is not sustainable?

GXE cannot increase bank loan to pay dividend IMO. Just a matter of time until dividend cut ..

Comment by navajojoe on Jun 29, 2023 9:37pm
Well, they can pile on more debt to pay the dividend, but does that make any sense at all? No.
Comment by JTDOUBLE on Jun 29, 2023 11:10pm
Like a broken record .. you guys been saying this for a long time now ..  looks like idiotic cults in making .. cut .. cut .. tge dividend ..  Wake up over a year now .. hello.. 
Comment by lovehockey on Jul 20, 2023 11:51am
Is this the same message again? Arent you tired? Please sell for 99 cents while you can. Don't post here again!
Gear Energy Ltd
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