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 > The good news is that

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Post by Reachme on Aug 16, 2023 12:07am

The good news is that

The fundamentals are great at $80+ oil ....all oil companies are making money....plus I expect Gear to raise production sell some assets and be debt free in 2024....

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Comment by 21salming on Aug 16, 2023 12:41am

I've backed up the truck on Gear. I'll load up here and hopefully lower to .70. I'll take the divy and 200% or more upside in SP in two years. It's these down turns that make me $$$ in O&G and Canadian bank stocks. 2 years of great accumulation here. When the markets are tumbling, I'm jumping in.

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Gear Energy Ltd