Gear Energy Ltd. (GXE.TO)

CAD 0.45

(-3.23%)

Market Cap (In CAD)

118.62 Million

Revenue (In CAD)

148.71 Million

Net Income (In CAD)

8.58 Million

Avg. Volume

342.05 Thousand

Currency
CAD
Country
Energy
Open
-
Prev. Close
-
Day Range
-
Year Range
0.45-0.8
PE
-
EPS
-
Beta Value
3.497
ISIN
CA36830P1045
CUSIP
36830P104
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
Mr. Kevin Johnson
Employee Count
-
Website
https://www.gearenergy.com
Ipo Date
2013-11-18
Details
Gear Energy Ltd., an exploration and production company, acquires, develops, and holds interests in petroleum and natural gas properties and assets in Canada. Its properties include the Celtic/Paradise Hill property located approximately 40 kilometers northeast of Lloydminster Alberta; the Wildmere field situated approximately 200 kilometers southeast of Edmonton, Alberta; the Wilson Creek property located in Central Alberta; and the Tableland property situated southwest of Estevan in Southeast Saskatchewan. As of December 31, 2021, the company's Celtic/Paradise Hill property had proved plus probable reserves of 4,047 thousand barrels (Mbbls) of heavy crude oil; the Wildmere field had proved plus probable reserves of 3,405 Mbbls of heavy crude oil and 1.4 billion cubic feet (Bcf) of natural gas; the Wilson Creek property comprised of proved plus probable reserves of 3,318 Mbbls of light crude oil and natural gas liquids (NGLs), and 6.2 Bcf of natural gas; and the Tableland property had proved plus probable reserves of 5,315 Mbbls of light crude oil and NGLs, and 3.5 BCF of natural gas. Gear Energy Ltd. is headquartered in Calgary, Canada.