QQQ   293.34 (+1.95%)
AAPL   143.96 (+1.48%)
MSFT   248.00 (+3.07%)
META   147.30 (+4.10%)
GOOGL   97.52 (+2.42%)
AMZN   99.22 (+2.10%)
TSLA   160.27 (+10.97%)
NVDA   198.02 (+2.48%)
NIO   12.17 (+4.64%)
BABA   120.57 (+0.27%)
AMD   75.16 (+0.33%)
T   20.00 (-2.06%)
MU   62.80 (+2.05%)
F   12.92 (+1.02%)
CGC   2.76 (+0.00%)
GE   81.14 (+0.43%)
DIS   109.70 (+1.46%)
AMC   5.28 (-0.94%)
PFE   44.25 (-1.82%)
PYPL   80.81 (+2.16%)
NFLX   364.87 (-0.84%)
QQQ   293.34 (+1.95%)
AAPL   143.96 (+1.48%)
MSFT   248.00 (+3.07%)
META   147.30 (+4.10%)
GOOGL   97.52 (+2.42%)
AMZN   99.22 (+2.10%)
TSLA   160.27 (+10.97%)
NVDA   198.02 (+2.48%)
NIO   12.17 (+4.64%)
BABA   120.57 (+0.27%)
AMD   75.16 (+0.33%)
T   20.00 (-2.06%)
MU   62.80 (+2.05%)
F   12.92 (+1.02%)
CGC   2.76 (+0.00%)
GE   81.14 (+0.43%)
DIS   109.70 (+1.46%)
AMC   5.28 (-0.94%)
PFE   44.25 (-1.82%)
PYPL   80.81 (+2.16%)
NFLX   364.87 (-0.84%)
QQQ   293.34 (+1.95%)
AAPL   143.96 (+1.48%)
MSFT   248.00 (+3.07%)
META   147.30 (+4.10%)
GOOGL   97.52 (+2.42%)
AMZN   99.22 (+2.10%)
TSLA   160.27 (+10.97%)
NVDA   198.02 (+2.48%)
NIO   12.17 (+4.64%)
BABA   120.57 (+0.27%)
AMD   75.16 (+0.33%)
T   20.00 (-2.06%)
MU   62.80 (+2.05%)
F   12.92 (+1.02%)
CGC   2.76 (+0.00%)
GE   81.14 (+0.43%)
DIS   109.70 (+1.46%)
AMC   5.28 (-0.94%)
PFE   44.25 (-1.82%)
PYPL   80.81 (+2.16%)
NFLX   364.87 (-0.84%)
QQQ   293.34 (+1.95%)
AAPL   143.96 (+1.48%)
MSFT   248.00 (+3.07%)
META   147.30 (+4.10%)
GOOGL   97.52 (+2.42%)
AMZN   99.22 (+2.10%)
TSLA   160.27 (+10.97%)
NVDA   198.02 (+2.48%)
NIO   12.17 (+4.64%)
BABA   120.57 (+0.27%)
AMD   75.16 (+0.33%)
T   20.00 (-2.06%)
MU   62.80 (+2.05%)
F   12.92 (+1.02%)
CGC   2.76 (+0.00%)
GE   81.14 (+0.43%)
DIS   109.70 (+1.46%)
AMC   5.28 (-0.94%)
PFE   44.25 (-1.82%)
PYPL   80.81 (+2.16%)
NFLX   364.87 (-0.84%)
TSE:GXE

Gear Energy - GXE Stock Forecast, Price & News

C$1.08
0.00 (0.00%)
(As of 01/26/2023 05:18 PM ET)
Add
Compare
Today's Range
C$1.05
C$1.08
50-Day Range
C$0.99
C$1.27
52-Week Range
C$0.98
C$1.94
Volume
1.18 million shs
Average Volume
1.37 million shs
Market Capitalization
C$280.48 million
P/E Ratio
2.25
Dividend Yield
11.11%
Price Target
C$1.38

Gear Energy MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
28.5% Upside
C$1.38 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
C$1.80 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.20 out of 5 stars


GXE stock logo

About Gear Energy (TSE:GXE) Stock

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.

Receive GXE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Gear Energy and its competitors with MarketBeat's FREE daily newsletter.

GXE Stock News Headlines

Without Graphite, There Would Be ZERO EV Batteries!
Investors constantly hear that lithium is the key to powering the transition to green energy. Truth is, today's EV batteries contain more graphite in volume than any other essential ingredients.
Gear Energy (TSE:GXE) Earns Hold Rating from Stifel Firstegy
YIKES! 220 Pounds of Graphite in Each EV Battery?
Most don't know that today's EV batteries contain more graphite than any other essential ingredient... more than lithium, copper or aluminum! The megatrend of electrifying vehicles only adds to graphite demand, expected to skyrocket 1,050% by 2030. Investors have been frustrated in their search for a Made In America solution – until now.
Gear Energy Ltd
Gear Energy Ltd. (GENGF)
See More Headlines
Receive GXE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Gear Energy and its competitors with MarketBeat's FREE daily newsletter.

GXE Company Calendar

Last Earnings
11/02/2022
Ex-Dividend for 12/30 Dividend
12/14/2022
Dividend Payable
12/30/2022
Ex-Dividend for 1/31 Dividend
1/13/2023
Today
1/26/2023
Dividend Payable
1/31/2023
Next Earnings (Estimated)
2/15/2023

Industry, Sector and Symbol

Industry
Oil & Gas E & P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
29
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$1.38
High Stock Price Forecast
C$1.60
Low Stock Price Forecast
C$1.15
Forecasted Upside/Downside
+27.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$164.05 million
Cash Flow
C$0.00 per share
Book Value
C$0.89 per share

Miscellaneous

Free Float
N/A
Market Cap
C$280.48 million
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Ingram B. Gillmore P.Eng
    CEO, Pres & Director
  • Mr. Han-Bom Hwang
    CFO & VP of Fin.
  • Mr. Jason Kaluski
    VP of Operations
  • Mr. Dustin Ressler
    VP of Exploration
  • Mr. Bryan P. Dozzi
    VP of Engineering
  • Mr. Edward Brown LLB
    Corp. Sec.
  • Mr. Yvan Chretien
    VP of Land













GXE Stock - Frequently Asked Questions

Should I buy or sell Gear Energy stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gear Energy in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" GXE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GXE, but not buy additional shares or sell existing shares.
View GXE analyst ratings
or view top-rated stocks.

What is Gear Energy's stock price forecast for 2023?

2 Wall Street analysts have issued twelve-month price objectives for Gear Energy's shares. Their GXE share price forecasts range from C$1.15 to C$1.60. On average, they expect the company's stock price to reach C$1.38 in the next year. This suggests a possible upside of 28.5% from the stock's current price.
View analysts price targets for GXE
or view top-rated stocks among Wall Street analysts.

How have GXE shares performed in 2023?

Gear Energy's stock was trading at C$1.13 at the beginning of 2023. Since then, GXE stock has decreased by 5.3% and is now trading at C$1.07.
View the best growth stocks for 2023 here
.

When is Gear Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our GXE earnings forecast
.

How were Gear Energy's earnings last quarter?

Gear Energy Ltd. (TSE:GXE) issued its earnings results on Wednesday, November, 2nd. The company reported $0.07 earnings per share (EPS) for the quarter. The company earned $44.84 million during the quarter.

How often does Gear Energy pay dividends? What is the dividend yield for Gear Energy?

Gear Energy announced a monthly dividend on Tuesday, January 3rd. Investors of record on Monday, January 16th will be paid a dividend of 0.01 per share on Tuesday, January 31st. This represents a $0.12 dividend on an annualized basis and a yield of 11.21%. The ex-dividend date of this dividend is Friday, January 13th.
Read our dividend analysis for GXE
.

Is Gear Energy a good dividend stock?

Gear Energy (TSE:GXE) pays an annual dividend of C$0.05 per share and currently has a dividend yield of 11.11%. GXE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 10.42%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for GXE.

What other stocks do shareholders of Gear Energy own?
What is Gear Energy's stock symbol?

Gear Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "GXE."

How do I buy shares of Gear Energy?

Shares of GXE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Gear Energy's stock price today?

One share of GXE stock can currently be purchased for approximately C$1.07.

How much money does Gear Energy make?

Gear Energy (TSE:GXE) has a market capitalization of C$277.88 million and generates C$164.05 million in revenue each year.

How can I contact Gear Energy?

Gear Energy's mailing address is 2600-240 4 Ave SW, CALGARY, AB T2P 4H4, Canada. The official website for the company is www.gearenergy.com. The company can be reached via phone at +1-403-5388437.

This page (TSE:GXE) was last updated on 1/26/2023 by MarketBeat.com Staff