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Gear Energy TSX:GXE Stock Report

Last Price

CA$0.72

Market Cap

CA$187.1m

7D

1.4%

1Y

-28.7%

Updated

03 May, 2024

Data

Company Financials +

GXE Stock 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.

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$0.72
52 Week HighCA$1.04
52 Week LowCA$0.60
Beta3.73
1 Month Change-2.70%
3 Month Change10.77%
1 Year Change-28.71%
3 Year Change-4.00%
5 Year Change-1.37%
Change since IPO-74.29%

Recent News & Updates

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

Recent updates

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
7D1.4%-2.1%-0.1%
1Y-28.7%17.3%6.2%

Return vs Industry: GXE underperformed the Canadian Oil and Gas industry which returned 19.9% over the past year.

Return vs Market: GXE underperformed the Canadian Market which returned 7% over the past year.

Price Volatility

Is GXE's price volatile compared to industry and market?
GXE volatility
GXE Average Weekly Movement5.9%
Oil and Gas Industry Average Movement6.6%
Market Average Movement8.9%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.1%

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

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$187.13m
Earnings (TTM)CA$9.18m
Revenue (TTM)CA$131.16m

20.7x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GXE income statement (TTM)
RevenueCA$131.16m
Cost of RevenueCA$45.44m
Gross ProfitCA$85.72m
Other ExpensesCA$76.55m
EarningsCA$9.18m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.035
Gross Margin65.35%
Net Profit Margin7.00%
Debt/Equity Ratio9.4%

How did GXE perform over the long term?

See historical performance and comparison

Dividends

8.3%

Current Dividend Yield

286%

Payout Ratio
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