Total Returns (Price + Dividend) 
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 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
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
Shareholding Snapshot : Jun 2023
Shareholding Compare (%holding) 
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
Quarterly Results Snapshot (Consolidated) - Sep'24 - QoQ
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.
Net Sales
QoQ Growth in quarter ended Sep 2024 is -6.74% vs 15.21% in Jun 2024
Consolidated Net Profit
QoQ Growth in quarter ended Sep 2024 is -22.34% vs 261.54% in Jun 2024
Annual Results Snapshot (Consolidated) - Dec'23
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.
Net Sales
YoY Growth in year ended Dec 2023 is -20.07% vs 41.34% in Dec 2022
Consolidated Net Profit
YoY Growth in year ended Dec 2023 is -88.53% vs -6.83% in Dec 2022
About Gear Energy Ltd. 
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 
Company Details
2600-240 4 Ave SW , CALGARY AB : T2P 2V7
Registrar Details






