Gear Energy Ltd. (GENGF)

OTCMKTS · Delayed Price · Currency is USD
0.3330
-0.0110 (-3.21%)
Inactive · Last trade price on Feb 7, 2025
-30.74%
Market Cap 88.36M
Revenue (ttm) 97.45M
Net Income (ttm) 9.02M
Shares Out n/a
EPS (ttm) 0.03
PE Ratio 9.80
Forward PE n/a
Dividend 0.04 (11.62%)
Ex-Dividend Date Dec 16, 2024
Volume 115,055
Average Volume 152,865
Open 0.3480
Previous Close 0.3440
Day's Range 0.3300 - 0.3480
52-Week Range 0.2930 - 0.5840
Beta 3.50
RSI 39.49
Earnings Date Feb 20, 2025

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. As of February 5, 2025, Gear Energy Ltd. operates as a subsidiary of Cenovus Energy Inc. [Read more]

Sector Energy
CEO Kevin Johnson
Employees 30
Stock Exchange OTCMKTS
Ticker Symbol GENGF
Full Company Profile

Financial Performance

In 2023, Gear Energy's revenue was 129.82 million, a decrease of -20.05% compared to the previous year's 162.38 million. Earnings were 8.59 million, a decrease of -88.55%.

Financial numbers in CAD Financial Statements

News

Gear Energy Ltd. Announces Completion of Previously Announced Plan of Arrangement and Transfer of Assets to Newly Formed Lotus Creek Exploration Inc.

Calgary, Alberta--(Newsfile Corp. - February 5, 2025) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") and Lotus Creek Exploration Inc. (TSXV: LTC) ("Lotus Creek") are pleased to...

2 months ago - Newsfile Corp

Gear Energy Ltd. Announces Shareholder Approval for Plan of Arrangement

Calgary, Alberta--(Newsfile Corp. - February 3, 2025) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) is pleased to announce that today at its special meeting (the "Meeting") of...

2 months ago - Newsfile Corp

Gear Energy Ltd. Reiterates Voting Instructions for Shareholder Meeting and Announces Leading Proxy Advisor Recommends Voting for Arrangement

Special Meeting of Gear Shareholders to be held on February 3, 2025 at 10:00 a.m. (Calgary time) (the "Meeting") Calgary, Alberta--(Newsfile Corp. - January 27, 2025) - Gear Energy Ltd.

3 months ago - Newsfile Corp

Gear Energy Ltd. Announces New Corporate Presentation to Shareholders

Calgary, Alberta--(Newsfile Corp. - January 23, 2025) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) is pleased to announce that a new Corporate Presentation is available to shareholders and can be acce...

3 months ago - Newsfile Corp

Gear Energy: An Explanation And A Budget

4 months ago - Seeking Alpha

Gear Energy Ltd. Announces Name of Spin-Out Company, 2025 Budget, Updated Reserves and Shareholder Meeting Details

Calgary, Alberta--(Newsfile Corp. - December 18, 2024) - As previously announced by Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company"), the Company has entered into an arrangement ag...

4 months ago - Newsfile Corp

Gear Energy Ltd. Announces New Corporate Presentation to Shareholders

Calgary, Alberta--(Newsfile Corp. - December 10, 2024) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) is pleased to announce that a new Corporate Presentation with additional details on the December 2, ...

4 months ago - Newsfile Corp

Gear Energy declares $0.005 dividend

Gear Energy (GENGF) announces $0.005/share monthly dividend with a forward yield of 15.52%. Payment on Dec. 31 for shareholders of record on Dec.

5 months ago - Seeking Alpha

Gear Energy Ltd. Announces a Transformative Transaction Providing Shareholders with Liquidity and Retained Ownership in a New Growth Focused Oil Company and Monthly Dividend

Calgary, Alberta--(Newsfile Corp. - December 2, 2024) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company"), is pleased to announce that it has entered into an arrangement agreement (...

5 months ago - Newsfile Corp

Gear Energy GAAP EPS of C$0.03

6 months ago - Seeking Alpha

Gear Energy Ltd. Announces Third Quarter 2024 Operating Results

Calgary, Alberta--(Newsfile Corp. - November 7, 2024) - 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, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the November 2024 monthly dividend of $0.005 per common share...

6 months ago - Newsfile Corp

Gear Energy: Growth Ahead

Gear Energy's (GENGF) new management team will study assets and delay the capital budget to repay debt. See why I rate the stock a strong buy.

7 months ago - Seeking Alpha

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

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

7 months ago - Newsfile Corp

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

Calgary, Alberta--(Newsfile Corp. - August 30, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the September 2024 monthly dividend of $0.005 per common share...

8 months ago - Newsfile Corp

Gear Energy Ltd. Announces Second Quarter 2024 Operating Results and August Monthly Dividend of $0.005 per Share

Calgary, Alberta--(Newsfile Corp. - July 31, 2024) - Gear Energy Ltd. (“Gear” or the “Company”) (TSX: GXE) (OTCQX: GENGF) is pleased to provide the following second quarter operating results to shareh...

9 months ago - Newsfile Corp

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

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

10 months ago - Newsfile Corp

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

Calgary, Alberta--(Newsfile Corp. - June 3, 2024) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) (OTCQX: GENGF) confirms that the June 2024 monthly dividend of $0.005 per common share is to b...

11 months ago - Newsfile Corp

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...

1 year 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...

1 year ago - GlobeNewsWire

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...

1 year 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 ...

1 year 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...

1 year ago - Newsfile Corp