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Gear Energy has taken advantage of the strong oil and gas prices to convert a net debt position into a net cash position. Although the H2 capex will come in much higher than in H1, the strong oil and gas prices will help to protect the balance sheet. Gear is now paying a monthly d...
Calgary, Alberta--(Newsfile Corp. - July 27, 2022) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") is pleased to provide the following second quarter operating update to shareholders. Gear's Interim Condensed Consolidated Financial Statements and related Management'...
Calgary, Alberta--(Newsfile Corp. - July 18, 2022) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") is pleased to announce that the new June 2022 monthly update to shareholders can be accessed via the following link https://gearenergy.com/updates . FOR FURTHER INF...
Calgary, Alberta--(Newsfile Corp. - June 17, 2022) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") is pleased to announce that the new May 2022 monthly update to shareholders can be accessed via the following link https://gearenergy.com/updates . FOR FURTHER INFORMATI...
Calgary, Alberta--(Newsfile Corp. - June 5, 2022) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") recently submitted an application to the Alberta Energy Regulator ("AER") to transfer certain non-core Alberta heavy oil assets. As the information related to the appli...
Peyto still has a lot of recovery potential. Debt was never an issue here or the dividend would not have been restored so quickly. Peyto will grow production while making "bolt-on" acquisitions at bargain prices. The other two companies controlled by the Gray Family, Petrus an...
Calgary, Alberta--(Newsfile Corp. - May 17, 2022) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") is pleased to announce that the new April 2022 monthly update to shareholders can be accessed via the following link https://gearenergy.com/updates . FOR FURTHER INF...
Gear Energy press release (OTCQX:GENGF): Q1 GAAP EPS of C$0.02. Funds from operations was $18.8M, an increase of 128% Y/Y. Production was 5,701 boe per day, a 7% increase over the 5,335 boe per day reported in 1Q21 and a 6% decrease from the 4Q21 of 6,059 boe per day. For further details se...
Gear Energy (OTCQX:GENGF) Board approved the initiation of a quarterly variable cash dividend program with an initial C$0.01/share dividend. Forward yield 2.49% Payable May 30; for shareholders of record May 16; ex-div May 13. See GENGF Dividend Scorecard, Yield Chart, & Dividend Gro...
Calgary, Alberta--(Newsfile Corp. - May 4, 2022) - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) is pleased to provide the following first quarter operating update to shareholders. Gear's Interim Condensed Consolidated Financial Statements and related Management's Discussion and Analys...
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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 be paid on July 31, 2024, to shareholders of record on July 15, 2024. The dividend is designated ...
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 be paid on June 28, 2024, to shareholders of record on June 14, 2024. The dividend is designated ...
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 the Board of Directors (the " Board ") of the Company. Mr. Robinson has been a director of the Comp...