Gear Energy Ltd. is an exploration and production company with heavy and light oil production in Central Alberta and West Central Saskatchewan. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. The Company's properties include Paradise Hill, Wildmere Cummings, Wilson Creek and Hoosier. Its Paradise Hill property is a heavy oil pool northeast of Lloydminster that produces from the McLaren zone, which consists of approximately 6.5 sections of prospective land with two overlapping sandstones, which are each approximately three meters thick. Its Wildmere Cummings property is a heavy oil pool southeast and northwest of its original Wildmere Lloyd pool. Its Wilson Creek property is located in Central Alberta. The primary target zone is the regional Basal Belly River formation, which is a light oil pool that requires hydraulic fracturing. Its Hoosier property is located in southern Saskatchewan.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: TSE:GXE
- CUSIP: N/A
- Web: www.gearenergy.com/
Capitalization:- Market Cap: C$144.67 million
- Outstanding Shares: 192,899,000
Average Prices:- 50 Day Moving Avg: C$0.70
- 200 Day Moving Avg: C$0.86
- 52 Week Range: C$0.58 - C$1.25
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: C$71.08 million
- Price / Sales: 2.04
- Book Value: C$0.76 per share
- Price / Book: 0.99
Profitability:- EBIDTA: C$24.61 million
- Net Margins: 12.01%
- Return on Equity: 8.31%
- Return on Assets: 4.17%
Misc:- Average Volume: 116,724 shs.
- Short Ratio: 0.08
Frequently Asked Questions for Gear Energy Ltd (TSE:GXE)
What is Gear Energy Ltd's stock symbol?
Gear Energy Ltd trades on the Tornton Stock Exchange (TSX) under the ticker symbol "GXE."
Where is Gear Energy Ltd's stock going? Where will Gear Energy Ltd's stock price be in 2017?
3 analysts have issued 1 year price objectives for Gear Energy Ltd's stock. Their predictions range from C$1.00 to C$1.10. On average, they anticipate Gear Energy Ltd's share price to reach C$1.05 in the next year. View Analyst Ratings for Gear Energy Ltd.
Who are some of Gear Energy Ltd's key competitors?
Some companies that are related to Gear Energy Ltd include Liquor Stores N.A. Ltd (LIQ), Street Capital Group (CXS), Pure Technologies (PUR), 5N Plus (VNP), Yangarra Resources (YGR), Reitmans Limited (RET), Aimia (AIM), TRANSAT AT (TRZ), Sherritt International Corp (S), Lydian International (LYD), GMP Capital (GMP), Pine Cliff Energy Ltd (PNE), Granite Oil Corp (DTX), Mediagrif Interactive Technologies (MDF), goeasy Ltd (EH), IBI Group (IBG), High Arctic Energy Services (HWO) and Cardinal Resources Limited (CDV).
Who are Gear Energy Ltd's key executives?
Gear Energy Ltd's management team includes the folowing people:
- Donald T. Gray, Independent Chairman of the Board
- Ingram Gillmore, President, Chief Executive Officer, Director
- David Hwang, Chief Financial Officer, Vice President - Finance
- Jason Kaluski, Vice President - Operations
- Yvan Chretien, Vice President - Land
- Bryan P. Dozzi, Vice President - Engineering
- Dustin Ressler, Vice President - Exploration
- James Lord, Vice President - Business Development
- Jay P. Reid, Corporate Secretary
- Greg Bay, Independent Director
How do I buy Gear Energy Ltd stock?
Shares of Gear Energy Ltd and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Gear Energy Ltd's stock price today?
One share of Gear Energy Ltd stock can currently be purchased for approximately C$0.75.
MarketBeat Community Rating for Gear Energy Ltd (TSE GXE)MarketBeat's community ratings are surveys of what our community members think about Gear Energy Ltd and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Gear Energy Ltd (TSE:GXE) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.33) |
| Consensus Price Target: | C$1.05 |
Analysts' Ratings History for Gear Energy Ltd (TSE:GXE)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 2/16/2017 | Desjardins | Reiterated Rating | Hold | C$1.10 |  |
| 11/7/2016 | Beacon Securities | Reiterated Rating | Buy | | |
| 10/18/2016 | Canaccord Genuity | Initiated Coverage | Speculative Buy | C$1.00 | |
| 9/9/2016 | AltaCorp Capital | Boost Price Target | | C$0.85 -> C$1.05 | |
| 7/8/2016 | FirstEnergy Capital | Reiterated Rating | Outperform | | |
| 2/3/2016 | Haywood Securities | Lower Price Target | Hold | C$1.25 -> C$0.70 | |
| 10/2/2015 | Paradigm Capital | Lower Price Target | | C$2.00 -> C$0.75 | |
(Data available from 7/22/2015 forward)
Earnings History for Gear Energy Ltd (TSE:GXE)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Gear Energy Ltd (TSE:GXE)2017 EPS Consensus Estimate: $0.02
2018 EPS Consensus Estimate: $0.10
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.00 | $0.00 | $0.00 |
| Q2 2017 | 2 | $0.00 | $0.00 | $0.00 |
| Q3 2017 | 2 | $0.01 | $0.01 | $0.01 |
| Q4 2017 | 2 | $0.01 | $0.01 | $0.01 |
| Q1 2018 | 2 | $0.01 | $0.02 | $0.02 |
| Q2 2018 | 2 | $0.02 | $0.03 | $0.03 |
| Q3 2018 | 2 | $0.02 | $0.03 | $0.03 |
| Q4 2018 | 2 | $0.02 | $0.04 | $0.03 |
(Data provided by Zacks Investment Research)
Dividend History for Gear Energy Ltd (TSE:GXE)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Gear Energy Ltd (TSE:GXE)Insider Trades by Quarter for Gear Energy Ltd (TSE:GXE)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/28/2017 | Don Gray | Insider | Buy | 91,000 | C$0.70 | C$63,700.00 | |
| 6/27/2017 | John O'connell | Director | Sell | 4,765 | C$0.69 | C$3,287.85 | |
| 6/20/2017 | Ingram Gillmore | Director | Buy | 91,500 | C$0.62 | C$56,730.00 | |
| 6/15/2017 | John O'connell | Director | Sell | 6,549 | C$0.64 | C$4,191.36 | |
| 6/12/2017 | John O'connell | Director | Buy | 21,000 | C$0.72 | C$15,120.00 | |
| 6/9/2017 | John O'connell | Director | Buy | 12,300 | C$0.70 | C$8,610.00 | |
| 6/1/2017 | Jason John Kenneth Kaluski | Insider | Buy | 6,300 | C$0.77 | C$4,851.00 | |
| 5/29/2017 | Ingram Gillmore | Director | Buy | 31,802 | C$0.78 | C$24,805.56 | |
| 5/26/2017 | Ingram Gillmore | Director | Buy | 22,500 | C$0.78 | C$17,550.00 | |
| 4/12/2017 | John O'connell | Director | Sell | 12,083 | C$0.92 | C$11,116.36 | |
| 4/7/2017 | John O'connell | Director | Sell | 11,905 | C$0.87 | C$10,357.35 | |
| 4/5/2017 | John O'connell | Director | Sell | 4,447 | C$0.88 | C$3,913.36 | |
| 3/30/2017 | John O'connell | Director | Buy | 600 | C$0.88 | C$528.00 | |
| 3/29/2017 | John O'connell | Director | Buy | 12,107 | C$0.88 | C$10,654.16 | |
| 3/3/2017 | Jason John Kenneth Kaluski | Insider | Buy | 5,215 | C$0.92 | C$4,797.80 | |
| 12/17/2015 | Don Gray | Director | Buy | 325,422 | C$0.49 | C$157,829.67 | |
| 12/9/2015 | Ingram Gillmore | Director | Buy | 81,500 | C$0.50 | C$40,750.00 | |
| 8/20/2015 | Ingram Gillmore | Director | Buy | 10,000 | C$0.99 | C$9,947.00 | |
| 8/19/2015 | Jason John Kenneth Kaluski | Insider | Buy | 2,660 | C$1.00 | C$2,649.36 | |
| 8/13/2015 | Ingram Gillmore | Director | Buy | 9,000 | C$1.33 | C$11,970.00 | |
| 6/3/2015 | Han-Bom David Hwang | Insider | Buy | 12,000 | C$2.10 | C$25,154.40 | |
| 6/2/2015 | Han-Bom David Hwang | Insider | Buy | 12,000 | C$2.12 | C$25,440.00 | |
| 3/19/2015 | Ingram Gillmore | Director | Buy | 16,055 | C$1.65 | C$26,490.75 | |
| 12/12/2014 | Don Gray | Director | Buy | 29,800 | C$2.04 | C$60,792.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Gear Energy Ltd (TSE:GXE)
Latest Headlines for Gear Energy Ltd (TSE:GXE)
| Source: |
|
| Date | Headline |
|---|
 | Gear Energy Ltd. breached its 50 day moving average in a Bullish Manner : GXE-CA : July 20, 2017
finance.yahoo.com - July 20 at 10:21 PM |
| Gear Energy Ltd. – Value Analysis (TORONTO:GXE) : July 7, 2017
finance.yahoo.com - July 8 at 11:18 AM |
| Gear Energy Ltd. breached its 50 day moving average in a Bullish Manner : GXE-CA : July 6, 2017
finance.yahoo.com - July 7 at 5:59 AM |
 | Insider Buying Validates The Undervaluation We Are Seeing In Gear Energy
seekingalpha.com - July 2 at 5:13 AM |
 | Gear Energy Ltd (GXE) Insider Don Gray Acquires 91,000 Shares
www.americanbankingnews.com - June 28 at 7:40 PM |
| Gear Energy: Hidden Reserves Behind Drillbit Add To NAV
seekingalpha.com - June 27 at 12:24 AM |
| Gear Energy Ltd (GXE) Director Ingram Gillmore Purchases 91,500 Shares
www.americanbankingnews.com - June 22 at 4:35 PM |
| Gear Energy Ltd (GXE) Director Buys C$15,120.00 in Stock
www.americanbankingnews.com - June 13 at 4:52 PM |
| Gear Energy Ltd (GXE) Director Acquires C$24,805.56 in Stock
www.americanbankingnews.com - May 30 at 4:50 PM |
| Gear Energy Ltd (GXE) Director Ingram Gillmore Acquires 22,500 Shares
www.americanbankingnews.com - May 26 at 8:29 PM |
| Analysts Offer Predictions for Gear Energy Ltd's Q4 2017 Earnings (GXE)
www.americanbankingnews.com - May 15 at 8:56 AM |
 | BRIEF-Gear Energy announces qtrly net income per weighted average diluted share $0.01
www.reuters.com - May 12 at 11:19 PM |
| Gear Energy Q1 Earnings Analysis
seekingalpha.com - May 12 at 11:19 PM |
| Equities Analysts Issue Forecasts for Gear Energy Ltd's Q1 2018 Earnings (GXE)
www.americanbankingnews.com - May 12 at 4:04 PM |
| FY2017 Earnings Forecast for Gear Energy Ltd Issued By Cormark (GXE)
www.americanbankingnews.com - May 12 at 12:15 PM |
| Gear Energy Ltd. breached its 50 day moving average in a Bullish Manner : GXE-CA : May 11, 2017
finance.yahoo.com - May 11 at 6:10 PM |
| Gear Energy Ltd. Announces Results of Directors Vote
finance.yahoo.com - May 10 at 10:47 PM |
| Gear Energy Ltd. Announces First Quarter 2017 Operating Results
finance.yahoo.com - May 10 at 5:45 PM |
| Gear Energy - Pounding The Table On Our Favorite Energy Position
seekingalpha.com - April 30 at 9:30 AM |
| Gear Energy - Q1 Result Is An Important Inflection Point
seekingalpha.com - April 18 at 5:11 PM |
| Gear Energy Ltd (GXE) Director John O'connell Sells 12,083 Shares
www.americanbankingnews.com - April 12 at 8:32 PM |
| Gear Energy Ltd. – Value Analysis (TORONTO:GXE) : April 12, 2017
finance.yahoo.com - April 12 at 5:42 PM |
| Gear Energy Ltd. breached its 50 day moving average in a Bullish Manner : GXE-CA : April 11, 2017
finance.yahoo.com - April 11 at 12:10 PM |
| Gear Energy Ltd (GXE) Director Sells C$10,357.35 in Stock
www.americanbankingnews.com - April 7 at 4:59 PM |
| Research Reports Initiated on Energy Stocks Gear Energy, Yangarra Resources, Chinook Energy, and Tourmaline Oil
finance.yahoo.com - April 7 at 10:09 AM |
| John O'connell Buys 12,107 Shares of Gear Energy Ltd (GXE) Stock
www.americanbankingnews.com - March 30 at 4:48 PM |
| An Update On HFI Research's Best Idea For 2017 - Gear Energy
seekingalpha.com - March 2 at 3:23 AM |
| Gear Energy Ltd. Announces Year-End Reserves
finance.yahoo.com - February 16 at 5:30 PM |
| Gear Energy Ltd. Announces Fourth Quarter and Full Year 2016 Operating Results
finance.yahoo.com - February 16 at 5:30 PM |
| Daily Pain - Thoughts On The Energy Sell-Off
seekingalpha.com - January 24 at 6:19 PM |
| HFI Research's Best Idea For 2017 - Gear Energy - Seeking Alpha
seekingalpha.com - December 31 at 4:04 AM |
| Oil Markets Daily - Saudi Will Still Be In Budget Deficit For 2017
seekingalpha.com - December 23 at 5:48 PM |
 | Gear, BMO Head Scant List of Stocks at 52-Week Highs
www.baystreet.ca - December 23 at 5:48 PM |
| Gear Energy Ltd. Announces Operations Update and 2017 Budget
finance.yahoo.com - December 13 at 6:05 PM |
| Future Looks Bright For Gear Energy
seekingalpha.com - December 6 at 10:39 AM |
| Gear Energy Q3 Results Analysis
seekingalpha.com - November 14 at 9:25 AM |
| Gear Energy Ltd. Announces Third Quarter 2016 Operating Results
finance.yahoo.com - November 9 at 4:57 PM |
| Profile: Gear Energy Ltd (GXE.TO)
www.reuters.com - October 8 at 5:01 PM |
| Gear Energy - My Top Oil Pick For 2017
seekingalpha.com - September 30 at 10:28 AM |
| Gear Energy Ltd. Announces 2016 Operational Update
finance.yahoo.com - September 8 at 9:17 AM |
 | Why These 2 Oil Stocks Have +50% Upside in the Next 2 Years
www.fool.ca - September 1 at 8:17 AM |
Gear Energy Ltd (GXE) Chart for Saturday, July, 22, 2017
