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TO · GXE.TO

Gear Energy Ltd.

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Sector
Energy · Oil & Gas Exploration & Production
Headquarters
Calgary, AB T2P 2V7

Price at previous close

$0.48

Market cap 126.52M

Price history

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InvestorsCraft valuation

Fair value (AI, DCF / IC, Graham) for Gear Energy Ltd. (GXE.TO) is available to Pro members and via the machine API.

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Valuation history

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        About Gear Energy Ltd.

        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.

        CEO
        Kevin Johnson
        Employees
        30
        Beta
        3.50

        Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice.