Gear Energy Ltd T.GXE

CPP

[Roscoe747]

Canada Pension Plan Investments (CPP) is on the hunt to buy utility and oil and gas assets unloved by competitors seeking to unload polluting assets, then profit from reducing greenhouse gas emissions and put them back on the market, Chief Sustainability Officer Richard Manley said on Thursday.

 

Money managers have piled in to the renewable energy sector as part of a broad drive to limit environmental damage in recent years, leading to lofty valuations, and some have turned away from traditional energy businesses.

BOE Report.

The largest vulture on the fenceposts is planning to monetise high emissions oil. Great news for the patch because CPP will have no problem with AER over well transfers. This strategy won't affect GXE but will mean better balance sheets for those fortunate enough (and large enough to attract CPP) to peddle their high emissions production.

The more daring hedgies and p/e are likely to overcome the climate anxiety as their shareholders' greed supercedes their climate posturings. Oilcos themselves are looking at lowering emissions under ESG to assuage the general investors' anxieties not over emissions so much as they are about the public perception of the oilcos' efforts at reducing emissions: the success or failure at greenwashing operations.

The generalist investor will come back to oil, driven by profit, if nothing else, hypocrites that they are but too late and too little to influence a rerating for GXE.

The future for GXE will include being swallowed whole by an accumulator with market power at a slight premium to market or becoming an insignificant entity whose diminishing assets attract little attention. The strategic initiative is the right move.

[tylerreddick]

The key sentence: " The future for GXE will include being swallowed whole by an accumulator with market power at a slight premium to market " There are much better potential targets out there that won't be taken over "at a slight premium".

[Roscoe747]

Says our little ray of sunshine. Name some. 

[lashing]

like your cheerleading does anything positive? You've been doing it all year while losing money to reality yet you still attack those with any logic or reason. Its sad.

[pleazu69]

I agree with you lashing.  Im here to save you from this piece of @#! company. better sell your share now like lashing says, he is here to save you from yourselves. you can sell them to me @ .60 were the shorters are taking this PO S.  When it hits target  and we all get on board (including lashing), we can tell everyone how great this company is and what a gem that its so

[Reachme]

more like $0.81 to $1.62

[YesSetForLife]

Gear Energy will go $2+

[Roscoe747]

Successful individuals are not full of anger and bitterness, lashing. Your posts say more about you than you realize.

[lashing]

Of course, your insight is greater than all, even almighty god. I know, I know. But why dont you make any money then?

[Roscoe747]

why do you attempt to belittle others on an anonymous forum? Small, insecure, weak and looking for validation you are. Its sad.

[lashing]

Isnt that what you are doing right now?