Gear Energy Stock Today
| GXE Stock | CAD 0.54 0.01 1.82% |
Performance0 of 100
| Odds Of DistressLess than 3
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Gear Energy is selling at 0.54 as of the 25th of November 2024; that is 1.82% down since the beginning of the trading day. The stock's open price was 0.55. Gear Energy has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Gear Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Energy |
Gear Energy Ltd., an exploration and production company, acquires, develops, and holds interests in petroleum and natural gas properties and assets in Canada. Its oil-focused operations are located in three core areas, including Lloydminster heavy oil, Central Alberta lightmedium oil, and Southeast Saskatchewan light oil. The company has 263.59 M outstanding shares of which 2.56 M shares are currently shorted by private and institutional investors with about 3.38 days to cover all short positions. More on Gear Energy
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Gear Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Gear Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Gear Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Ingram Gillmore | ||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | ||||
Gear Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Gear Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsGear Energy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Gear Energy's financial leverage. It provides some insight into what part of Gear Energy's total assets is financed by creditors.
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Gear Energy (GXE) is traded on Toronto Exchange in Canada and employs 30 people. Gear Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 144.97 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Gear Energy's market, we take the total number of its shares issued and multiply it by Gear Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Gear Energy operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 263.59 M outstanding shares of which 2.56 M shares are currently shorted by private and institutional investors with about 3.38 days to cover all short positions.
Gear Energy has accumulated about 693 K in cash with 63.59 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.36.
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Ownership AllocationGear Energy has a total of 263.59 Million outstanding shares. Gear Energy retains 7.62 (percent) of its outstanding shares held by insiders and 2.42 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Gear Energy Risk Profiles
Although Gear Energy's alpha and beta are two of the key measurements used to evaluate Gear Energy's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.09 | |||
| Standard Deviation | 2.61 | |||
| Variance | 6.83 | |||
| Risk Adjusted Performance | (0.06) |
Gear Stock Against Markets
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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
| All Next | Launch Module |
Gear Energy Corporate Executives
Elected by the shareholders, the Gear Energy's board of directors comprises two types of representatives: Gear Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gear. The board's role is to monitor Gear Energy's management team and ensure that shareholders' interests are well served. Gear Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gear Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| HanBom Hwang | CFO Finance | Profile |
Other Information on Investing in Gear Stock
Gear Energy financial ratios help investors to determine whether Gear Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gear with respect to the benefits of owning Gear Energy security.