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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 > The longer term problem
View:
Post by tylerreddick on Nov 11, 2024 8:28am

The longer term problem

Trump is going to disrupt world trade and cause a recession in the US. That will hurt the demand for oil, full stop.
Comment by freedom-1970 on Nov 14, 2024 8:44pm
First Trump will take a million barrels off line with Iran .. demand is growing every year . And the American producers will not increase production without solid prices to support investment.  World is still in the middle of many wars and believe anything under $60 dollars will stop any major development.  GXE needs for hedge production with a nice option program.  With the ...more  
Gear Energy Ltd
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