Gear Energy Ltd. (GENGF) Research
Gear Energy Ltd. operates as an exploration and production enterprise, involved in the acquisition, development, and ownership of oil and natural gas properties throughout Canada. The company's significant assets include the Celtic/Paradise Hill property, located approximately 40 kilometers northeast of Lloydminster, Alberta, and the Wildmere field, situated about 200 kilometers southeast of Edmonton, Alberta. Further holdings encompass the Wilson Creek property in Central Alberta, and the Tableland property, found southwest of Estevan in Southeast Saskatchewan. As of December 31, 2021, Gear Energy reported substantial proved plus probable reserves across these sites. Specifically, the Celtic/Paradise Hill property contained 4,047 thousand barrels (Mbbls) of heavy crude oil. The Wildmere field held 3,405 Mbbls of heavy crude oil, alongside 1.4 billion cubic feet (Bcf) of natural gas. For the Wilson Creek property, reserves comprised 3,318 Mbbls of light crude oil and natural gas liquids (NGLs), in addition to 6.2 Bcf of natural gas. Finally, the Tableland property accounted for 5,315 Mbbls of light crude oil and NGLs, and 3.5 Bcf of natural gas. Gear Energy Ltd.'s headquarters are located in Calgary, Canada.
Market snapshot
- Symbol
- GENGF
- Price
- $0.33
- Day change
- -4.58%
- Market cap
- $126.5M
- P/E ratio
- 14.63x
- 52-week range
- 0.2927-0.5843
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
Peer companies
Open Gear Energy Ltd. (GENGF) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.