Gear Energy Ltd. (TSX: GXE)

Canada flag Canada · Delayed Price · Currency is CAD
0.770
+0.020 (2.67%)
May 17, 2024, 3:55 PM EDT
-22.22%
Market Cap 201.93M
Revenue (ttm) 145.97M
Net Income (ttm) 9.18M
Shares Out 263.39M
EPS (ttm) 0.03
PE Ratio 25.67
Forward PE 5.67
Dividend 0.07 (9.09%)
Ex-Dividend Date May 14, 2024
Volume 347,109
Open 0.750
Previous Close 0.750
Day's Range 0.740 - 0.780
52-Week Range 0.600 - 1.040
Beta 3.69
Analysts n/a
Price Target 0.97 (+25.97%)
Earnings Date Jul 24, 2024

About Gear Energy

Gear Energy Ltd., an exploration and production company, engages in the acquiring, developing, and holding of interests in petroleum and natural gas properties and assets in Canada. The company's oil properties are located in Central Alberta, West Central Saskatchewan, and Southeast Saskatchewan. Gear Energy Ltd. is headquartered in Calgary, Canada. [Read more]

Industry Oil & Gas E&P
Sector Energy
CEO Kevin Johnson
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol GXE
Full Company Profile

Financial Performance

In 2023, Gear Energy's revenue was 148.71 million, a decrease of -20.59% compared to the previous year's 187.28 million. Earnings were 8.59 million, a decrease of -88.55%.

Financial Statements

News

Gear Energy Ltd. Announces Appointment of Scott Robinson as Chair of Board of Directors

Calgary, Alberta--(Newsfile Corp. - May 9, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to announce that Scott Robinson has been appointed as the Chair of th...

11 days ago - Newsfile Corp

Gear Energy Ltd. Announces Results of Directors Vote

CALGARY, Alberta, May 01, 2024 (GLOBE NEWSWIRE) -- Gear Energy Ltd. ("Gear") (TSX:GXE) is pleased to announce that the nominees listed in Gear's management proxy circular dated March 14, 2024 were ele...

18 days ago - GlobeNewsWire

Gear Energy reports Q1 results

Gear Energy announces first-quarter 2024 operating results, with Q1 Basic GAAP EPS of C$0.01.

18 days ago - Seeking Alpha

Gear Energy Ltd. Announces First Quarter 2024 Operating Results

Calgary, Alberta--(Newsfile Corp. - May 1, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to provide the following first quarter operating update to shareholde...

18 days ago - Newsfile Corp

Gear Energy Ltd. Confirms Monthly Dividend for May of $0.005 per Share

Calgary, Alberta--(Newsfile Corp. - May 1, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the May 2024 monthly dividend of $0.005 per common share is to be ...

19 days ago - Newsfile Corp

Gear Energy Ltd. Reminds Shareholders of Upcoming Shareholder Meeting and Advises of Unanimous Support from Two Leading Independent Proxy Advisors

Your vote is important no matter how many votes you hold. Vote today.

27 days ago - Newsfile Corp

Gear Energy Ltd. Confirms Monthly Dividend for April of $0.005 per Share

Calgary, Alberta--(Newsfile Corp. - April 1, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the April 2024 monthly dividend of $0.005 per common share is to...

7 weeks ago - Newsfile Corp

Gear Energy Ltd. Announces February Monthly Update to Shareholders

Calgary, Alberta--(Newsfile Corp. - March 19, 2024) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") is pleased to announce that the new February 2024 monthly update to sharehold...

2 months ago - Newsfile Corp

Gear Energy Ltd. Announces CEO Retirement and Appointment of New CEO

Calgary, Alberta--(Newsfile Corp. - March 6, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) announces that Ingram Gillmore will be retiring from his role as the President...

2 months ago - Newsfile Corp

Gear Energy Ltd. Confirms Monthly Dividend for March of $0.005 per Share

Calgary, Alberta--(Newsfile Corp. - March 4, 2024) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") confirms that the March 2024 monthly dividend of $0.005 per common share is to...

2 months ago - Newsfile Corp

Gear Energy Ltd. Announces January Monthly Update to Shareholders

Calgary, Alberta--(Newsfile Corp. - February 23, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to announce that the new January 2024 monthly update to shareho...

3 months ago - Newsfile Corp

Gear Energy GAAP EPS of -C$0.03

3 months ago - Seeking Alpha

Gear Energy Ltd. Announces Fourth Quarter 2023 Operating Results and Year-End Reserves Summary and the Filing of a Normal Course Issuer Bid

Calgary, Alberta--(Newsfile Corp. - February 21, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to provide the following fourth quarter operating results and a...

3 months ago - Newsfile Corp

Gear Energy Ltd. Announces Completion of the Strategic Repositioning Process and Intention to Commence Normal Course Issuer Bid

Calgary, Alberta--(Newsfile Corp. - February 6, 2024) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") announces that the strategic repositioning process has now been completed w...

3 months ago - Newsfile Corp

Gear Energy Ltd. Confirms Monthly Dividend for February of $0.005 per Share

Calgary, Alberta--(Newsfile Corp. - February 1, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the February 2024 monthly dividend of $0.005 per common share...

3 months ago - Newsfile Corp

Gear Energy Ltd. Announces December Monthly Update to Shareholders

Calgary, Alberta--(Newsfile Corp. - January 17, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to announce that the new December 2023 monthly update to shareho...

4 months ago - Newsfile Corp

Gear Energy Ltd. Confirms Monthly Dividend for January of $0.005 per Share

Calgary, Alberta--(Newsfile Corp. - January 2, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the January 2024 monthly dividend of $0.005 per common share i...

4 months ago - Newsfile Corp

Gear Energy Ltd. Announces November Monthly Update to Shareholders

Calgary, Alberta--(Newsfile Corp. - December 14, 2023) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to announce that the new November 2023 monthly update to shareh...

5 months ago - Newsfile Corp

Gear Energy's Already Reduced Dividend Is Not Covered At $70 Oil

Gear Energy's Q3 results were strong, with higher oil and gas prices contributing to an increase in the average realized price. Explore more details here.

5 months ago - Seeking Alpha

Gear Energy Ltd. Confirms Monthly Dividend for December of $0.005 per Share

Calgary, Alberta--(Newsfile Corp. - December 1, 2023) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the December 2023 monthly dividend of $0.005 per common share...

6 months ago - Newsfile Corp

Gear Energy Ltd. Announces October Monthly Update to Shareholders

Calgary, Alberta--(Newsfile Corp. - November 23, 2023) - Gear Energy Ltd. (“Gear” or the “Company”) (TSX: GXE) (OTCQX: GENGF) is pleased to announce that the new October 2023 monthly update to shareho...

6 months ago - Newsfile Corp

Gear Energy reports Q3 results

Gear Energy Ltd announces third quarter 2023 operating results and 2024 budget guidance, with Q3 GAAP EPS of C$0.03.

6 months ago - Seeking Alpha

Gear Energy Ltd. Announces Third Quarter 2023 Operating Results and 2024 Budget Guidance

Calgary, Alberta--(Newsfile Corp. - November 9, 2023) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to provide the following third quarter operating results to shar...

6 months ago - Newsfile Corp

Gear Energy Ltd. Confirms Monthly Dividend for November of $0.005 per Share

Calgary, Alberta--(Newsfile Corp. - November 1, 2023) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the November 2023 monthly dividend of $0.005 per common share...

7 months ago - Newsfile Corp

Gear Energy Ltd. Announces September Monthly Update to Shareholders

Calgary, Alberta--(Newsfile Corp. - October 24, 2023) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to announce that the new September 2023 monthly update to shareh...

7 months ago - Newsfile Corp