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home / news releases / GENGF - With Shrinking Debt Gear Energy May Be A Buy

GENGF - With Shrinking Debt Gear Energy May Be A Buy

Gear Energy Ltd
  • Thanks to strong oil prices, Gear Energy posted solid second-quarter results.
  • The company significantly reduced its debt load over the last several quarters, which opens the door for dividends and share buybacks.
  • Free cash flow yield is attractive, but Gear Energy remains a high-cost operator.

For further details see:

With Shrinking Debt, Gear Energy May Be A Buy
Stock Information
Company Name: Gear Energy Ltd
Stock Symbol: GENGF
Market: OTC
Website: gearenergy.com
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