TSE:GXE Gear Energy - GXE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Gear Energy Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. C$1.08 0.00 (0.00%) (As of 01/26/2023 05:18 PM ET) Add Compare Share Share Today's RangeC$1.05▼C$1.0850-Day RangeC$0.99▼C$1.2752-Week RangeC$0.98▼C$1.94Volume1.18 million shsAverage Volume1.37 million shsMarket CapitalizationC$280.48 millionP/E Ratio2.25Dividend Yield11.11%Price TargetC$1.38 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Gear Energy MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside28.5% UpsideC$1.38 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingSelling SharesC$1.80 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 3.0 Analyst's Opinion Consensus RatingGear Energy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$1.38, Gear Energy has a forecasted upside of 28.5% from its current price of C$1.07.Amount of Analyst CoverageGear Energy has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for GXE. Previous Next 2.5 Dividend Strength Dividend LeadershipGear Energy is a leading dividend payer. It pays a dividend yield of 11.11%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGear Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Gear Energy is 10.42%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GXE. Previous Next 1.9 News and Social Media Coverage News SentimentGear Energy has a news sentiment score of -0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Gear Energy this week, compared to 0 articles on an average week.Search Interest9 people have searched for GXE on MarketBeat in the last 30 days. This is an increase of 800% compared to the previous 30 days.MarketBeat Follows7 people have added Gear Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gear Energy insiders have sold 10,859.84% more of their company's stock than they have bought. Specifically, they have bought C$16,438.00 in company stock and sold C$1,801,579.00 in company stock. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Gear Energy is 2.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.98.Price to Earnings Ratio vs. SectorThe P/E ratio of Gear Energy is 2.23, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 45.43.Price to Book Value per Share RatioGear Energy has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Gear Energy (TSE:GXE) StockGear 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.Read More 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. Email Address GXE Stock News HeadlinesJanuary 20, 2023 | americanbankingnews.comGear Energy (TSE:GXE) Price Target Cut to C$1.60 by Analysts at ATB CapitalJanuary 17, 2023 | americanbankingnews.comGear Energy Ltd. (TSE:GXE) Expected to Earn Q1 2024 Earnings of $0.02 Per ShareJanuary 26, 2023 | Investing Trends (Ad)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.January 16, 2023 | americanbankingnews.comStifel Nicolaus Analysts Give Gear Energy (TSE:GXE) a C$1.15 Price TargetJanuary 16, 2023 | americanbankingnews.comGear Energy (TSE:GXE) Earns Hold Rating from Stifel FirstegyJanuary 3, 2023 | finance.yahoo.comGear Energy Ltd. Confirms Monthly Dividend for January of $0.01 per ShareNovember 8, 2022 | finance.yahoo.comGear Energy (TSE:GXE) shareholders have earned a 52% CAGR over the last three yearsNovember 2, 2022 | theglobeandmail.comWednesday’s TSX breakouts: A small-cap energy stock that’s up 55% in 2022 with a dividend yield of over 8%January 26, 2023 | Investing Trends (Ad)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.October 18, 2022 | finance.yahoo.comGear Energy Ltd.'s (TSE:GXE) Stock Has Fared Decently: Is the Market Following Strong Financials?October 3, 2022 | finance.yahoo.comGear Energy Ltd. Confirms Monthly Dividend for October of $0.01 per ShareSeptember 29, 2022 | reuters.comGear Energy LtdJuly 26, 2022 | finance.yahoo.comEstimating The Fair Value Of Gear Energy Ltd. (TSE:GXE)June 5, 2022 | finance.yahoo.comGear Energy Ltd. Provides Clarification on Application to Transfer Certain Non-Core Heavy Oil AssetsMay 3, 2022 | ca.finance.yahoo.comGear Energy Ltd. (GENGF)February 25, 2022 | finance.yahoo.comGear Energy Ltd. Announces January Monthly Update to ShareholdersFebruary 17, 2022 | finance.yahoo.comGear Energy Ltd. Announces Fourth Quarter 2021 Operating Results and Year-End Reserves SummaryJanuary 20, 2022 | finance.yahoo.comGear Energy Ltd. Announces December Monthly Update to ShareholdersNovember 17, 2021 | finance.yahoo.comGear Energy Ltd. Announces October Monthly Update to ShareholdersOctober 19, 2021 | finance.yahoo.comGear Energy Ltd. Announces September Monthly Update to ShareholdersSeptember 21, 2021 | finance.yahoo.comGear Energy Ltd. Announces August Monthly Update to ShareholdersAugust 19, 2021 | finance.yahoo.comGear Energy Ltd. Announces July Monthly Update to ShareholdersJuly 19, 2021 | finance.yahoo.comGear Energy Ltd. Announces June Monthly Update to ShareholdersApril 20, 2021 | finance.yahoo.comGear Energy Ltd. Announces Market Price to Be Used for Issuance of Common Shares on Redemption of DebenturesApril 16, 2021 | finance.yahoo.comGear Energy Ltd. Announces March Monthly Update to ShareholdersFebruary 17, 2021 | forbes.com10 Stock Picks For Investors Worried About Sky-High Tech Valuations, According To Morgan StanleyFebruary 16, 2021 | msn.comNova Scotia ordered to disclose management fees it pays for company to operate Yarmouth FerrySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address GXE Company Calendar Last Earnings11/02/2022Ex-Dividend for 12/30 Dividend12/14/2022Dividend Payable12/30/2022Ex-Dividend for 1/31 Dividend1/13/2023Today1/26/2023Dividend Payable1/31/2023Next Earnings (Estimated)2/15/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas E & P Sub-IndustryN/A SectorOils/Energy Current SymbolTSE:GXE CUSIPN/A CIKN/A Webwww.gearenergy.com Phone+1-403-5388437FaxN/AEmployees29Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$1.38 High Stock Price ForecastC$1.60 Low Stock Price ForecastC$1.15 Forecasted Upside/Downside+27.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio2.25 Forward P/E Ratio5.14 P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio2.07 Current Ratio0.99 Quick Ratio0.56 Sales & Book Value Annual SalesC$164.05 million Price / Sales1.71 Cash FlowC$0.00 per share Price / Cash Flow540.00 Book ValueC$0.89 per share Price / Book1.21Miscellaneous Outstanding Shares259,700,000Free FloatN/AMarket CapC$280.48 million OptionableNot Optionable BetaN/A Key ExecutivesMr. Ingram B. Gillmore P.EngCEO, Pres & DirectorMr. Han-Bom HwangCFO & VP of Fin.Mr. Jason KaluskiVP of OperationsMr. Dustin ResslerVP of ExplorationMr. Bryan P. DozziVP of EngineeringMr. Edward Brown LLBCorp. Sec.Mr. Yvan ChretienVP of LandMore ExecutivesKey CompetitorsTouchstone ExplorationTSE:TXPPetrus ResourcesTSE:PRQReconnaissance Energy AfricaCVE:RECOAlvopetro EnergyCVE:ALVInPlay OilTSE:IPOView All CompetitorsInsiders & InstitutionsBryan DozziSold 81,700 sharesTotal: C$90,033.40 ($1.10/share)Ingram GillmoreSold 144,700 sharesTotal: C$150,488.00 ($1.04/share)Jason John Kenneth KaluskiSold 80,500 sharesTotal: C$83,728.05 ($1.04/share)Ingram GillmoreBought 10,163 shares on 12/1/2022Total: C$12,129.54 ($1.19/share)Han-Bom David HwangSold 91,800 sharesTotal: C$110,187.54 ($1.20/share)View All Insider Transactions 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? Based on aggregate information from My MarketBeat watchlists, some companies that other Gear Energy investors own include CRH Medical (CRH), Whitecap Resources (WCP), Baytex Energy (BTE), Peyto Exploration & Development (PEY), Bonavista Energy Co. (BNP.TO) (BNP), Bellatrix Exploration (BXE), California Resources (CRC), GAMCO Global Gold, Natural Resources & Income Trust (GGN), Surge Energy (SGY) and Athabasca Oil (ATH). 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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