Gear Energy (GXE) Stock Price, News & Analysis

Company Overview

Gear Energy Ltd., an exploration and production company, engages in the acquiring, developing, and holding of interests in petroleum and natural gas properties and assets in Canada. The company's oil properties are located in Central Alberta, West Central Saskatchewan, and Southeast Saskatchewan. Gear Energy Ltd. is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$0.52 to C$0.55
• 50-Day Range: C$0.51 to C$0.63
• 52-Week Range: C$0.51 to C$0.80
• Volume: 1.32 million shs
• Average Volume: 437,873 shs
• Market Capitalization: C$144.97 million
• P/E Ratio: 11.00
• Dividend Yield: 10.91%
• Price Target: C$1.00
• Consensus Rating: Moderate Buy

GXE Stock Analysis - Frequently Asked Questions

How have GXE shares performed this year?

Gear Energy's stock was trading at C$0.64 on January 1st, 2024. Since then, GXE shares have decreased by 14.1% and is now trading at C$0.55.
View the best growth stocks for 2024 here.

How were Gear Energy's earnings last quarter?

Gear Energy Ltd. (TSE:GXE) released its quarterly earnings data on Thursday, November, 7th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.01. The firm earned $38.82 million during the quarter, compared to the consensus estimate of $38.70 million. Gear Energy had a trailing twelve-month return on equity of 5.36% and a net margin of 9.65%.

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.
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What other stocks do shareholders of Gear Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Gear Energy investors own include Enbridge (ENB), Whitecap Resources (WCP), Tamarack Valley Energy (TVE), Bank of Nova Scotia (BNS), Cenovus Energy (CVE), Birchcliff Energy (BIR) and Baytex Energy (BTE).

Company Calendar

• Ex-Dividend for 10/31 Dividend: 10/15/2024
• Dividend Payable: 10/31/2024
• Last Earnings: 11/07/2024
• Ex-Dividend for 11/29 Dividend: 11/15/2024
• Today: 11/23/2024
• Dividend Payable: 11/29/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: Pharmaceutical Products
• Current Symbol: TSE:GXE
• CUSIP: N/A
• CIK: N/A
• Web: www.gearenergy.com
• Phone: +1-403-5388437
• Fax: N/A
• Employees: 1,310
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$1.00
• High Stock Price Target: C$1.00
• Low Stock Price Target: C$1.00
• Potential Upside/Downside: +81.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.05
• Trailing P/E Ratio: 11.00
• Forward P/E Ratio: 3.93
• P/E Growth: N/A
• Net Income: C$13.02 million
• Net Margins: 9.65%
• Pretax Margin: N/A
• Return on Equity: 5.36%
• Return on Assets: 4.84%

Debt

• Debt-to-Equity Ratio: 6.26
• Current Ratio: 0.95
• Quick Ratio: 0.56

Sales & Book Value

• Annual Sales: C$134.93 million
• Price / Sales: 1.07
• Cash Flow: C$0.00 per share
• Price / Cash Flow: 540.00
• Book Value: C$0.92 per share
• Price / Book: 0.60

Miscellaneous

• Outstanding Shares: 263,580,000
• Free Float: N/A
• Market Cap: C$144.97 million
• Optionable: Not Optionable
• Beta: 3.52