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 All Access 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$1.03 0.00 (0.00%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$1.03▼C$1.0550-Day RangeC$0.92▼C$1.1552-Week RangeC$0.90▼C$1.73Volume899,593 shsAverage Volume1.62 million shsMarket CapitalizationC$268.52 millionP/E Ratio3.43Dividend Yield11.65%Price TargetC$1.38 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Gear Energy MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside33.5% UpsideC$1.38 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingSelling SharesC$7,102 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.2.08 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 33.5% from its current price of C$1.03.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 12.37%, 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 40.00%. 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 1.8 News and Social Media Coverage News SentimentGear Energy has a news sentiment score of 0.20. 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 0.45 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 InterestOnly 13 people have searched for GXE on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Gear Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gear Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$7,102.00 in company stock.Percentage Held by InsidersOnly 6.82% of the stock of Gear Energy is held by insiders.Percentage Held by InstitutionsOnly 9.79% of the stock of Gear Energy is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Gear Energy is 3.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.63.Price to Earnings Ratio vs. SectorThe P/E ratio of Gear Energy is 3.43, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 77.95.Price to Book Value per Share RatioGear Energy has a P/B Ratio of 1.07. 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 HeadlinesMarch 25, 2023 | americanbankingnews.comGear Energy (TSE:GXE) Reaches New 52-Week Low at $0.91March 11, 2023 | ca.finance.yahoo.com3 Up-and-Coming Canadian Microcap Stocks to Keep an Eye onApril 1, 2023 | Legacy Research (Affiliate) (Ad)Sell every Stock except ONE Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...March 1, 2023 | msn.comGear Energy Ltd. declares CAD 0.01 dividendMarch 1, 2023 | finance.yahoo.comGear Energy Ltd. Confirms Monthly Dividend for March of $0.01 per ShareJanuary 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%April 1, 2023 | Legacy Research (Affiliate) (Ad)Sell every Stock except ONE Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...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 Ex-Dividend for 2/28 Dividend2/14/2023Dividend Payable2/28/2023Ex-Dividend for 3/31 Dividend3/14/2023Dividend Payable3/31/2023Today4/01/2023Next Earnings (Estimated)5/03/2023Get 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+33.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.30 Trailing P/E Ratio3.43 Forward P/E Ratio5.94 P/E GrowthN/ANet IncomeC$74.98 million Net Margins46.18% Pretax MarginN/A Return on Equity33.28% Return on Assets12.64% Debt Debt-to-Equity Ratio2.83 Current Ratio0.96 Quick Ratio0.56 Sales & Book Value Annual SalesC$162.38 million Price / Sales1.65 Cash FlowC$0.00 per share Price / Cash Flow540.00 Book ValueC$0.96 per share Price / Book1.07Miscellaneous Outstanding Shares260,700,000Free FloatN/AMarket CapC$268.52 million OptionableNot Optionable Beta4.10 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 CompetitorsAlvopetro EnergyCVE:ALVAfrica EnergyCVE:AFEBonterra EnergyTSE:BNETouchstone ExplorationTSE:TXPInPlay OilTSE:IPOView All CompetitorsInsidersDustin ResslerSold 6,700 sharesTotal: C$7,102.00 ($1.06/share)Bryan 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)View All Insider Transactions GXE Stock - Frequently Asked Questions Should I buy or sell Gear Energy stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gear Energy in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research 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 brokerages have issued twelve-month price objectives for Gear Energy's stock. Their GXE share price forecasts range from C$1.15 to C$1.60. On average, they expect the company's share price to reach C$1.38 in the next twelve months. This suggests a possible upside of 33.5% 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 the year. Since then, GXE shares have decreased by 8.8% and is now trading at C$1.03. 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, May 3rd 2023. View our GXE earnings forecast. How often does Gear Energy pay dividends? What is the dividend yield for Gear Energy? Gear Energy declared a monthly dividend on Wednesday, March 1st. Investors of record on Wednesday, March 15th will be given a dividend of 0.01 per share on Friday, March 31st. This represents a $0.12 dividend on an annualized basis and a dividend yield of 11.65%. The ex-dividend date is Tuesday, March 14th. Read our dividend analysis for GXE. Is Gear Energy a good dividend stock? Gear Energy (TSE:GXE) pays an annual dividend of C$0.12 per share and currently has a dividend yield of 12.37%. GXE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 40.00%. 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$1.03. How much money does Gear Energy make? Gear Energy (TSE:GXE) has a market capitalization of C$268.52 million and generates C$162.38 million in revenue each year. The company earns C$74.98 million in net income (profit) each year or C$0.30 on an earnings per share basis. 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 4/1/2023 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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