|Bid||0.1250 x 0|
|Ask||0.1300 x 0|
|Day's Range||0.1250 - 0.1400|
|52 Week Range||0.0800 - 0.8700|
|Beta (5Y Monthly)||4.09|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 05, 2020 - May 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.39|
CALGARY, March 11, 2020 /CNW/ - Gear Energy Ltd. ("Gear") (TSX:GXE.TO - News) announces revisions to the 2020 budget guidance and an update on operations to date in 2020. Given the current weakness and uncertainty in the future price of oil, Gear has chosen to immediately implement a material reduction to its planned capital program for the remainder of 2020. This represents a 74 per cent reduction from the original $50 million capital budget released on December 18, 2019.
Long term investing works well, but it doesn't always work for each individual stock. We don't wish catastrophic...
Today we'll evaluate Gear Energy Ltd. (TSE:GXE) to determine whether it could have potential as an investment idea. In...
CALGARY , Dec. 18, 2019 /CNW/ - Gear Energy Ltd. ("Gear") (GXE.TO) is pleased to announce that Gear's Board of Directors have approved a $50 million capital budget for 2020 targeting further growth in funds from operations ("FFO") per debt adjusted share through a strategic balance between production stability, continued improvement of the strong balance sheet and additional purchases of Gear's common shares under the Normal Course Issuer Bid ("NCIB"). The Gear team will maintain focus on strong rate of return capital projects from within the deep drilling inventory of over 600 potential locations. Through 2020 Gear intends to invest in a low risk drilling program that is well-diversified across its three core areas.
CALGARY , Nov. 27, 2019 /CNW/ - Gear Energy Ltd. (" Gear ") (TSX: GXE) today is pleased to announce that it has completed its semi-annual borrowing base review and no changes have been made to ...
CALGARY , Nov. 6, 2019 /CNW/ - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following third quarter operating update to shareholders. Gear's Interim ...
CALGARY, Sept. 23, 2019 /CNW/ - Gear Energy Ltd. ("Gear") (TSX:GXE.TO - News) is pleased to announce that the Toronto Stock Exchange ("TSX") has granted approval for Gear to commence a normal course issuer bid (the "NCIB"). Under the NCIB, Gear may purchase for cancellation up to 10,954,673 common shares (the "Shares") of Gear, representing approximately 5% of its 219,093,452 issued and outstanding Shares as at September 20, 2019.
Gear Energy Ltd. (TSE:GXE) shareholders should be happy to see the share price up 11% in the last week. But spare a...
CALGARY , Aug. 7, 2019 /CNW/ - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following second quarter operating update to shareholders. Gear's Interim ...
CALGARY, July 9, 2019 /CNW/ - Gear Energy Ltd. ("Gear") (TSX:GXE.TO - News) today announces changes to the Board of Directors of Gear effective immediately. Gear is pleased to announce the addition of Scott Robinson, P. Eng. Mr. Robinson has a Master's degree in Chemical Engineering from the Colorado School of Mines and has been a petroleum engineer for over 35 years.
Today we'll look at Gear Energy Ltd. (TSE:GXE) and reflect on its potential as an investment. In particular, we'll...
CALGARY, May 24, 2019 /CNW/ - Gear Energy Ltd. ("Gear") (TSX:GXE.TO - News) today announces that the annual borrowing base redetermination of its credit facilities has been finalized. The amended credit facilities have been reduced from a total $115 million to $90 million and is now comprised of a $70 million syndicated revolving term credit facility and a $20 million operating credit facility. Currently, Gear is $70 million drawn on its credit facilities.
CALGARY , May 8, 2019 /CNW/ - Gear Energy Ltd. ("Gear") (TSX:GXE) is pleased to announce that the nominees listed in the management proxy circular dated April 1, 2019 were elected as directors ...
CALGARY, May 8, 2019 /CNW/ - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE.TO - News) is pleased to provide the following first quarter operating update and 2019 budget to shareholders. Net debt is forecast to continue decreasing with minimal capital spending planned for the second quarter.
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