Company Gear Energy Ltd.

Equities

GXE

CA36830P1045

Oil & Gas Exploration and Production

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Ratings for Gear Energy Ltd.

Quarterly revenue - Rate of surprise

Sector Other Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 03:58:08 2024-04-26 pm EDT			5-day change	1st Jan Change
0.71 ^CAD	+5.97%		+7.58%	+10.94%

Mar. 06	Gear Energy Ltd. Announces Executive Changes, Effective April 8, 2024	CI
Mar. 06	Gear Energy Ltd. Announces Executive Changes, Effective April 8, 2024	CI

Gear Energy Ltd. is a Canadian exploration and production company with heavy and light oil production in Central Alberta, West Central Saskatchewan and Southeast Saskatchewan. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its properties include Celtic/Paradise Hill, Saskatchewan; Wildmere Area, Alberta; Wilson Creek, Alberta, and Tableland, Saskatchewan. The Celtic/Paradise Hill is located within Township 52, and Ranges 23 and 24 W3 and is approximately 40 kilometers northeast of Lloydminster, Alberta. The Wildmere field is located within Townships 47, 48 and 49, and Ranges 3, 4, 5 and 6W4, is approximately 200 kilometers southeast of Edmonton, Alberta. The property consists of approximately 24,325 gross (23,000 net) acres of lands. The Tableland property development is predominately focused on the Three Forks/Torquay formation, with minor production from the Bakken and Ratcliffe formations.

Number of employees: 30

CAD in Million	2022	Weight	2023	Weight	Delta
Heavy Oil 56.0 %	94	57.6 %	73	56.0 %	-22.26%
Light and Medium Oil 51.4 %	77	47.5 %	67	51.4 %	-13.49%
Royalties -14.6 %	-25	-15.3 %	-19	-14.6 %	-24.11%
Natural Gas Liquids 3.6 %	7	4.0 %	5	3.6 %	-28.21%
Natural Gas 3.6 %	10	6.2 %	5	3.6 %	-54.42%

CAD in Million	2022	Weight	2023	Weight	Delta
Canada 100.0 %	162	100.0 %	130	100.0 %	-20.05%

Managers	Title	Age	Since
David Hwang DFI	Director of Finance/CFO	-	11-06-12
Bryan Dozzi CTO	Chief Tech/Sci/R&D Officer	-	14-04-10
Jason Kaluski COO	Chief Operating Officer	-	11-02-28
Dustin Ressler PRN	Corporate Officer/Principal	-	16-10-31
Ted Brown SEC	Corporate Secretary	-	-

Members of the board	Title	Age	Since
Greg Bay BRD	Director/Board Member	65	13-03-24
Don Gray CHM	Chairman	58	09-01-31
Scott Robinson BRD	Director/Board Member	63	19-07-08
Harry English BRD	Director/Board Member	-	14-06-01
Bindu Wyma BRD	Director/Board Member	-	18-05-31
Wilson Wang BRD	Director/Board Member	-	19-08-06

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	263,385,092	244,773,696 ( 92.93 %)	0	92.93 %

Name	Equities	%	Valuation
Wilson Wang 3.114 %	8,166,197	3.114 %	4 M $
Don Gray 2.896 %	7,595,480	2.896 %	4 M $
Ingram Gillmore 0.8290 %	2,174,000	0.8290 %	1 M $
Matco Financial, Inc. 0.8027 %	2,105,000	0.8027 %	1 M $
David Hwang 0.4932 %	1,293,306	0.4932 %	624 667 $
NCM Asset Management Ltd. 0.3256 %	853,800	0.3256 %	412 385 $
Jason Kaluski 0.2221 %	582,537	0.2221 %	281 365 $
Bryan Dozzi 0.1859 %	487,624	0.1859 %	235 522 $
Scott Robinson 0.1227 %	321,792	0.1227 %	155 426 $
Franklin Bissett Investment Management 0.1179 %	309,100	0.1179 %	149 295 $

Gear Energy Ltd.

205-5th Avenue SW Bow Valley Square II

T2P 2V7, Calgary

+403 538 8435

http://www.gearenergy.com

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.71 CAD

Average target price

1 CAD

Spread / Average Target

+40.85%

Consensus

Company calendar

Energy - Fossil Fuels

Oil & Gas Exploration and Production

Other Oil & Gas Exploration and Production

	1st Jan change	Capi.
GEAR ENERGY LTD.	+10.94%	137M
CHEVRON CORPORATION	+11.22%	306B
CONOCOPHILLIPS	+12.21%	153B
CNOOC LIMITED	+52.00%	124B
CANADIAN NATURAL RESOURCES LIMITED	+22.70%	83.43B
EOG RESOURCES, INC.	+12.20%	78.06B
PIONEER NATURAL RESOURCES COMPANY	+19.56%	62.81B
OCCIDENTAL PETROLEUM CORPORATION	+13.52%	60.08B
HESS CORPORATION	+12.74%	49.91B
DIAMONDBACK ENERGY, INC.	+33.97%	37.05B

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