Gear Energy Ltd.

  • Market Cap: Micro Cap
  • Industry: Oil & Gas Production
  • ISIN: CA36830P1045
CAD
0.48
0.35 (275.0%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.03 M

Shareholding (Jun 2023)

FII

1.25%

Held by 23 FIIs

DII

0.07%

Held by 1 DIIs

Promoter

6.93%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Dashboard
1

Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 16.01

 
2

With ROE of 4.8, it has a very attractive valuation with a 0.5 Price to Book Value

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Oil & Gas Production

stock-summary
Market cap

CAD 127 Million (Micro Cap)

stock-summary
P/E

11.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.06

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Return on Equity

4.84%

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Price to Book

0.52

Revenue and Profits:
Net Sales:
33 Million
(Quarterly Results - Sep 2024)
Net Profit:
7 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
255.56%
0%
255.56%
6 Months
231.03%
0%
231.03%
1 Year
57.38%
0%
57.38%
2 Years
-23.81%
0%
-23.81%
3 Years
-26.83%
0%
-26.83%
4 Years
-6.45%
0%
-6.45%
5 Years
-30.64%
0%
-30.64%

Gear Energy Ltd. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions
News
Icon
No Recent News for the Company
Announcements stock-summary
Icon
No announcement available
Corporate Actions stock-summary
Icon
No corporate action available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
4.46%
EBIT Growth (5y)
49.19%
EBIT to Interest (avg)
16.01
Debt to EBITDA (avg)
0.78
Net Debt to Equity (avg)
0.06
Sales to Capital Employed (avg)
0.56
Tax Ratio
48.51%
Dividend Payout Ratio
289.63%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
11.75%
ROE (avg)
12.33%
Valuation key factors
Factor
Value
P/E Ratio
11
Industry P/E
Price to Book Value
0.52
EV to EBIT
5.65
EV to EBITDA
2.00
EV to Capital Employed
0.54
EV to Sales
1.08
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
9.65%
ROE (Latest)
4.84%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Jun 2023stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Domestic Funds

Held in 10 Schemes (0.77%)

Foreign Institutions

Held by 23 Foreign Institutions (1.25%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Sep'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Sep 2024 is -6.74% vs 15.21% in Jun 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Sep 2024 is -22.34% vs 261.54% in Jun 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Jun'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "33.20",
          "val2": "35.60",
          "chgp": "-6.74%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "18.50",
          "val2": "20.60",
          "chgp": "-10.19%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.50",
          "val2": "0.60",
          "chgp": "-16.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.90",
          "val2": "0.50",
          "chgp": "80.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "7.30",
          "val2": "9.40",
          "chgp": "-22.34%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "207.20%",
          "val2": "272.10%",
          "chgp": "-6.49%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'23",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2023 is -20.07% vs 41.34% in Dec 2022",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2023 is -88.53% vs -6.83% in Dec 2022",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'23",
        "Dec'22",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "129.80",
          "val2": "162.40",
          "chgp": "-20.07%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "66.20",
          "val2": "102.30",
          "chgp": "-35.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.20",
          "val2": "1.00",
          "chgp": "120.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-1.10",
          "val2": "13.70",
          "chgp": "-108.03%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "8.60",
          "val2": "75.00",
          "chgp": "-88.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "161.60%",
          "val2": "386.00%",
          "chgp": "-22.44%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Sep'24 - QoQstock-summary
Sep'24
Jun'24
Change(%)
Net Sales
33.20
35.60
-6.74%
Operating Profit (PBDIT) excl Other Income
18.50
20.60
-10.19%
Interest
0.50
0.60
-16.67%
Exceptional Items
0.90
0.50
80.00%
Consolidate Net Profit
7.30
9.40
-22.34%
Operating Profit Margin (Excl OI)
207.20%
272.10%
-6.49%
USD in Million.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Sep 2024 is -6.74% vs 15.21% in Jun 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Sep 2024 is -22.34% vs 261.54% in Jun 2024

Annual Results Snapshot (Consolidated) - Dec'23stock-summary
Dec'23
Dec'22
Change(%)
Net Sales
129.80
162.40
-20.07%
Operating Profit (PBDIT) excl Other Income
66.20
102.30
-35.29%
Interest
2.20
1.00
120.00%
Exceptional Items
-1.10
13.70
-108.03%
Consolidate Net Profit
8.60
75.00
-88.53%
Operating Profit Margin (Excl OI)
161.60%
386.00%
-22.44%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2023 is -20.07% vs 41.34% in Dec 2022

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Dec 2023 is -88.53% vs -6.83% in Dec 2022

stock-summaryCompany CV
About Gear Energy Ltd. stock-summary
stock-summary
Gear Energy Ltd.
Oil & Gas Production
Gear Energy Ltd. is an exploration and production company with heavy and light oil production in Central Alberta and West Central Saskatchewan. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. The Company's properties include Paradise Hill, Wildmere Cummings, Wilson Creek and Hoosier. Its Paradise Hill property is a heavy oil pool northeast of Lloydminster that produces from the McLaren zone, which consists of approximately 6.5 sections of prospective land with two overlapping sandstones, which are each approximately three meters thick. Its Wildmere Cummings property is a heavy oil pool southeast and northwest of its original Wildmere Lloyd pool. Its Wilson Creek property is located in Central Alberta. The primary target zone is the regional Basal Belly River formation, which is a light oil pool that requires hydraulic fracturing. Its Hoosier property is located in southern Saskatchewan.
Company Coordinates stock-summary
Company Details
2600-240 4 Ave SW , CALGARY AB : T2P 2V7
stock-summary
Tel: 1 403 5388435
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Registrar Details