company background image
GXE logo

Gear Energy TSX:GXE Stock Report

Last Price

CA$0.68

Market Cap

CA$176.6m

7D

-2.9%

1Y

-16.0%

Updated

20 Aug, 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.

GXE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
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$0.68
52 Week HighCA$0.91
52 Week LowCA$0.60
Beta3.57
11 Month Change-4.23%
3 Month Change-8.11%
1 Year Change-16.05%
33 Year Change3.03%
5 Year Change54.55%
Change since IPO-75.71%

Recent News & Updates

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

Recent updates

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
7D-2.9%1.1%2.9%
1Y-16.0%14.9%15.1%

Return vs Industry: GXE underperformed the Canadian Oil and Gas industry which returned 14.9% over the past year.

Return vs Market: GXE underperformed the Canadian Market which returned 15.1% over the past year.

Price Volatility

Is GXE's price volatile compared to industry and market?
GXE volatility
GXE Average Weekly Movement4.6%
Oil and Gas Industry Average Movement7.2%
Market Average Movement8.0%
10% most volatile stocks in CA Market16.9%
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 (5%) 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$176.60m
Earnings (TTM)CA$13.02m
Revenue (TTM)CA$134.93m

13.8x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GXE income statement (TTM)
RevenueCA$134.93m
Cost of RevenueCA$44.87m
Gross ProfitCA$90.06m
Other ExpensesCA$77.05m
EarningsCA$13.02m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.049
Gross Margin66.75%
Net Profit Margin9.65%
Debt/Equity Ratio6.3%

How did GXE perform over the long term?

See historical performance and comparison

Dividends

8.8%

Current Dividend Yield

131%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.