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Gear Energy TSX:GXE Stock Report

Last Price

CA$0.51

Market Cap

CA$137.1m

7D

0%

1Y

-22.7%

Updated

20 Nov, 2024

Data

Company Financials +

GXE Stock Overview

An exploration and production company, engages in the acquiring, developing, and holding of interests in petroleum and natural gas properties and assets in Canada. More details

GXE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

Gear Energy Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Gear Energy
Historical stock prices
Current Share PriceCA$0.51
52 Week HighCA$0.80
52 Week LowCA$0.51
Beta3.5
11 Month Change-12.07%
3 Month Change-22.73%
1 Year Change-22.73%
33 Year Change-46.88%
5 Year Change29.11%
Change since IPO-81.79%

Recent News & Updates

Gear Energy (TSE:GXE) Is Paying Out A Dividend Of CA$0.005

Oct 09
Gear Energy (TSE:GXE) Is Paying Out A Dividend Of CA$0.005

Recent updates

Gear Energy (TSE:GXE) Is Paying Out A Dividend Of CA$0.005

Oct 09
Gear Energy (TSE:GXE) Is Paying Out A Dividend Of CA$0.005

Gear Energy (TSE:GXE) Has Announced A Dividend Of CA$0.005

Sep 13
Gear Energy (TSE:GXE) Has Announced A Dividend Of CA$0.005

Gear Energy (TSE:GXE) Has Affirmed Its Dividend Of CA$0.005

Aug 13
Gear Energy (TSE:GXE) Has Affirmed Its Dividend Of CA$0.005

Gear Energy (TSE:GXE) Has Affirmed Its Dividend Of CA$0.005

Jul 11
Gear Energy (TSE:GXE) Has Affirmed Its Dividend Of CA$0.005

Gear Energy (TSE:GXE) Has Announced A Dividend Of CA$0.005

May 10
Gear Energy (TSE:GXE) Has Announced A Dividend Of CA$0.005

Gear Energy (TSE:GXE) Is Paying Out A Dividend Of CA$0.005

Apr 05
Gear Energy (TSE:GXE) Is Paying Out A Dividend Of CA$0.005

Gear Energy (TSE:GXE) Has Announced A Dividend Of CA$0.005

Mar 08
Gear Energy (TSE:GXE) Has Announced A Dividend Of CA$0.005

Gear Energy (TSE:GXE) Will Pay A Dividend Of CA$0.005

Jan 05
Gear Energy (TSE:GXE) Will Pay A Dividend Of CA$0.005

Gear Energy (TSE:GXE) Is Paying Out A Dividend Of CA$0.005

Dec 13
Gear Energy (TSE:GXE) Is Paying Out A Dividend Of CA$0.005

Gear Energy (TSE:GXE) Is Due To Pay A Dividend Of CA$0.005

Nov 12
Gear Energy (TSE:GXE) Is Due To Pay A Dividend Of CA$0.005

Gear Energy (TSE:GXE) Has Announced A Dividend Of CA$0.005

Oct 07
Gear Energy (TSE:GXE) Has Announced A Dividend Of CA$0.005

Gear Energy (TSE:GXE) Is Paying Out A Dividend Of CA$0.005

Sep 08
Gear Energy (TSE:GXE) Is Paying Out A Dividend Of CA$0.005

Should You Be Adding Gear Energy (TSE:GXE) To Your Watchlist Today?

Dec 20
Should You Be Adding Gear Energy (TSE:GXE) To Your Watchlist Today?

Do Gear Energy's (TSE:GXE) Earnings Warrant Your Attention?

Jun 17
Do Gear Energy's (TSE:GXE) Earnings Warrant Your Attention?

Shareholder Returns

GXECA Oil and GasCA Market
7D0%3.0%0.4%
1Y-22.7%16.5%21.4%

Return vs Industry: GXE underperformed the Canadian Oil and Gas industry which returned 16.5% over the past year.

Return vs Market: GXE underperformed the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is GXE's price volatile compared to industry and market?
GXE volatility
GXE Average Weekly Movement5.8%
Oil and Gas Industry Average Movement6.7%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market2.9%

Stable Share Price: GXE has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: GXE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a30Kevin Johnsonwww.gearenergy.com

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.

Gear Energy Ltd. Fundamentals Summary

How do Gear Energy's earnings and revenue compare to its market cap?
GXE fundamental statistics
Market capCA$137.07m
Earnings (TTM)CA$12.18m
Revenue (TTM)CA$131.65m

11.0x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GXE income statement (TTM)
RevenueCA$131.65m
Cost of RevenueCA$43.91m
Gross ProfitCA$87.74m
Other ExpensesCA$75.56m
EarningsCA$12.18m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.046
Gross Margin66.65%
Net Profit Margin9.25%
Debt/Equity Ratio6.3%

How did GXE perform over the long term?

See historical performance and comparison

Dividends

11.8%

Current Dividend Yield

130%

Payout Ratio

Does GXE pay a reliable dividends?

See GXE dividend history and benchmarks
When do you need to buy GXE by to receive an upcoming dividend?
Gear Energy dividend dates
Ex Dividend DateNov 15 2024
Dividend Pay DateNov 29 2024
Days until Ex dividend6 days
Days until Dividend pay date8 days

Does GXE pay a reliable dividends?

See GXE dividend history and benchmarks