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Gear Energy

Company price
0.48 CAD 0.00(0%)
Last update at 2025-02-07T20:59:00Z
VOLUME
1033500
Market Cap
144.97M
P/E
11.00

Momentum Score

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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. is headquartered in Calgary, Canada.

Source: TradingView
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Day Price Range
0.47
Low
0.48
High
52 Week Price Range
0.52
Low
0.77
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
0.48
Dividend Yield
10.71%
Revenue TTM
134.93M
Revenue Per Share
0.51
Gross Profit TTM
118.17M
Debt / Equity
0.09
ROE
5.36%
Net Debt
21.16M
ROCE
20.44%
Diluted EPS TTM
0.05

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 66.75M 47.61M -54.04M -2.43M 5.09M
Net income 74.98M 80.50M -77.32M -5.68M 5.09M
Selling general administrative 15.85M 10.59M 9.92M 6.17M 6.24M
Gross profit 125.01M 79.47M 25.80M 67.14M 54.32M
Reconciled depreciation 37.37M 35.42M 32.45M 50.34M 42.14M
Ebit 64.95M 33.32M -12.85M 15.28M 10.12M
Ebitda 102.32M 68.74M 19.59M 65.62M 52.27M
Depreciation and amortization 37.37M 35.42M 32.45M 50.34M 42.14M
Operating income 64.95M 33.32M -12.85M 15.28M 6.04M
Other operating expenses 122.32M 95.64M 77.87M 116.71M 103.27M
Interest expense 3.29M 4.44M 5.52M 6.38M 5.03M
Tax provision -8.23M -32.89M 23.28M 3.25M 0.00M
Net interest income -3.29M -4.44M -3.88M -4.19M -2.73M
Income tax expense -8.23M -32.89M 23.28M 3.25M 0.00M
Total revenue 187.28M 129.03M 65.06M 131.99M 109.32M
Total operating expenses 60.05M 46.08M 38.61M 51.86M 48.27M
Cost of revenue 62.27M 49.56M 39.26M 64.85M 55.00M
Total other income expense net 1.79M 14.29M -41.19M -17.71M -0.95M
Net income from continuing ops 74.98M 80.50M -77.32M -5.68M 5.09M
Net income applicable to common shares 74.98M 80.50M -77.32M -5.68M 5.09M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 338.82M 349.41M 318.76M 262.28M 361.37M
Other current assets 2.66M 4.40M 3.21M 8.18M 0.00M
Total liab 102.08M 97.80M 119.72M 157.35M 179.12M
Total stockholder equity 236.74M 251.61M 199.05M 104.93M 182.25M
Other current liab 6.30M 26.22M 21.64M 9.00M 19.28M
Common stock 348.90M 348.00M 350.33M 333.71M 335.45M
Capital stock 348.90M 348.00M 350.33M 333.71M 335.45M
Retained earnings -130.49M -114.23M -170.62M -251.12M -173.79M
Other liab - 64.45M 71.72M 84.76M 82.87M
Other assets - 41.12M 32.89M 0.00M 23.28M
Cash - - - -5.00M -
Total current liabilities 21.11M 26.22M 21.64M 14.00M 31.99M
Net debt 21.16M 7.12M 26.36M 68.59M 76.96M
Short term debt - 0.00M 0.00M 5.00M 12.71M
Short long term debt - - - 5.00M 12.71M
Short long term debt total 21.16M 7.12M 26.36M 63.59M 76.96M
Other stockholder equity 18.33M 17.84M 19.34M 22.34M 20.59M
Property plant equipment - 283.04M 263.65M 244.94M 317.04M
Total current assets 21.86M 25.25M 22.23M 17.34M 21.05M
Net tangible assets - 251.61M 199.05M 104.93M 182.25M
Net receivables 12.41M 12.67M 12.38M 8.54M 11.34M
Long term debt 21.16M 7.12M 26.36M 58.59M 64.25M
Inventory 6.79M 8.18M 6.63M 5.62M 6.51M
Accounts payable 14.81M 19.29M 11.70M 6.27M 13.35M
Accumulated other comprehensive income 0.00M - - -618.86M -532.20M
Common stock total equity - - - 333.71M 335.45M
Non currrent assets other - - - - 340.32M
Non current assets total 316.96M 324.16M 296.54M 244.94M 340.32M
Long term debt total - 7.12M 26.36M 58.59M 64.25M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -47.07M -27.43M -15.50M -35.61M -43.37M
Change to liabilities 0.00M 0.00M 0.00M 0.00M 0.00M
Total cashflows from investing activities -47.07M -27.43M -15.50M -35.61M -43.37M
Net borrowings -19.23M -24.39M -14.23M -13.52M 0.86M
Total cash from financing activities -42.70M -24.46M -14.72M -14.26M 1.61M
Change to operating activities 2.29M -0.87M -2.29M -9.03M 9.31M
Net income 74.98M 80.50M -77.32M -5.68M 5.09M
Change in cash 0.00M 0.00M 0.00M 0.00M 1.61M
Begin period cash flow 0.00M 0.00M 0.00M 0.00M 0.00M
End period cash flow 0.00M 0.00M 0.00M 0.00M 0.00M
Total cash from operating activities 89.77M 51.88M 30.22M 49.88M 41.75M
Issuance of capital stock - - - 0.00M 0.75M
Depreciation 37.37M 35.42M 85.71M 61.43M 42.14M
Other cashflows from investing activities 3.48M 1.46M -3.05M 0.40M -0.30M
Dividends paid 18.16M 18.16M 18.16M 18.16M -
Sale purchase of stock -5.28M -0.06M -0.49M -0.74M 0.75M
Other cashflows from financing activities -19.26M -0.06M -15.50M -35.61M 37.12M
Change to netincome -17.10M -31.02M 25.02M 12.57M -16.62M
Capital expenditures 50.55M 28.88M 12.44M 37.12M 44.31M
Change in working capital 2.29M -0.87M -2.29M -9.03M 9.31M
Stock based compensation 1.05M 0.50M 0.47M 0.65M 1.08M
Other non cash items -17.69M -30.78M 86.08M 60.69M 26.27M
Free cash flow 39.22M 23.00M 17.77M 12.75M -2.56M

Peer Comparison*

Sector: Energy Industry: Oil & Gas E&P

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
GXE
Gear Energy
-
-%
0.48 11.00 3.93 1.07 0.60 1.03 2.22
CNQ
Canadian Natural Resources Ltd
-5.28
7.04%
69.69 11.45 12.38 3.26 2.78 3.15 6.36
OXY
Occidental Petroleum CDR (CAD Hedged)
-1.25
4.99%
23.78 42.29 13.11 2.65 2.04 3.96 7.33
TOU
Tourmaline Oil Corp.
-3.17
4.78%
63.11 87.74 15.80 5.03 1.50 3.97 7.33
OVV
Ovintiv Inc
-4.95
5.32%
88.02 11.06 7.80 2.46 1.34 2.39 6.40

Profile*

Gear Energy

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. is headquartered in Calgary, Canada.

205 ? 5th Avenue SW, Calgary, AB, Canada, T2P 2V7

403 538 8435

30

Name Title Year Born
Mr. Ingram B. Gillmore P.Eng CEO, Pres & Director NA
Mr. Han-Bom Hwang CFO & VP of Fin. NA
Mr. Jason Kaluski VP of Operations NA
Mr. Dustin Ressler VP of Exploration NA
Mr. Bryan P. Dozzi VP of Engineering NA
Mr. Edward Brown LLB Corp. Sec. NA
Mr. Yvan Chretien VP of Land NA
Mr. Han-Bom Hwang CFO & VP of Finance NA
Mr. Jason Kaluski Vice President of Operations NA
Mr. Bryan P. Dozzi Vice President of Engineering NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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