Gear Energy Ltd.

  • Market Cap: Micro Cap
  • Industry: Oil & Gas Production
  • ISIN: CA36830P1045
CAD
0.48
0.35 (275.0%)
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About Gear Energy Ltd. stock-summary
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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
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Tel: 1 403 5388435
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Registrar Details
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Shareholding Snapshotstock-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-summary Board of Directorsstock-summary
Management
Designation
Mr. Donald Gray
Independent Chairman of the Board
Mr. Ingram Gillmore
President, Chief Executive Officer, Director
Mr. Scott Robinson
Director
Ms. Bindu Wyma
Director
Mr. Greg Bay
Independent Director
Mr. Harry English
Independent Director
Mr. Wilson Wang
Independent Director
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Revenue and Profits:
Net Sales:
33 Million
(Quarterly Results - Sep 2024)
Net Profit:
7 Million
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Industry

Oil & Gas Production

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Market cap

CAD 127 Million (Micro Cap)

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P/E

11.00

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Industry P/E

NA

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Dividend Yield

0.00%

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Debt Equity

0.06

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Return on Equity

4.84%

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Price to Book

0.52