Gear Energy Ltd T.GXE

Relax people

[CandyC]

I'm back in. Last year when WTI was $125 Gear hit their high of $1.92 with no dividend. Now they are paying a 6% dividend. I expect it will take out $1.92 when WTI hits $125 in the next couple years. It may happen sooner than we expect

[Roscoe747]

I agree with the sentiment expressed in your title but your analysis is quite optimistic in the short term.  There is much unnecessary tension on the board over an issue that will, in hindsight be a fhartt in a windstorm. GXE will recover but it will need to execute guidance to confirm to buyers that the rerating is secure. Steady oil pricing above US$80 and FCF on proven PDP of 6kbbl/d