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Gear Energy - GENGF STOCK NEWS

Welcome to our dedicated page for Gear Energy news (Ticker: GENGF), a resource for investors and traders seeking the latest updates and insights on Gear Energy stock.

Gear Energy Ltd. (GENGF) is a junior oil and gas exploration company focused on strategic asset development across Western Canada. This news hub provides investors with official press releases, financial updates, and operational announcements critical for evaluating the company's performance in evolving energy markets.

Access timely updates on GENGF's quarterly results, drilling programs, and strategic initiatives. Our curated collection features essential information including production updates, partnership announcements, and leadership changes - all organized for efficient research.

Key news categories include earnings reports, capital allocation decisions, operational milestones, and regulatory filings. Track GENGF's progress in optimizing heavy oil assets and expanding light oil production through verified corporate communications.

Bookmark this page for direct access to primary source materials. Combine these updates with market analysis tools to monitor GENGF's position in the competitive energy sector.

Rhea-AI Summary
Gear Energy Ltd. announces the retirement of President and CEO Ingram Gillmore, with Kevin Johnson appointed as the new President and CEO effective April 8, 2024. Mr. Johnson brings 20 years of industry experience and a strong track record in the Western Canadian Sedimentary Basin. The Board of Directors expresses gratitude towards Mr. Gillmore's contributions and looks forward to Mr. Johnson's leadership.
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Gear Energy Ltd. (GENGF) declares a monthly dividend of $0.005 per common share, payable on March 29, 2024, to shareholders of record on March 15, 2024. The dividend is classified as an 'eligible dividend' for Canadian income tax purposes.
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Rhea-AI Summary
Gear Energy Ltd. announces the release of the January 2024 monthly update for shareholders. The update can be accessed on their website. Contact details for the President & CEO and Vice President Finance & CFO are provided.
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Gear Energy Ltd. reports strong financial performance for Q4 2023 and annual reserves summary for 2023. Despite volatile oil prices, Gear delivered solid returns to shareholders and maintained stable production and debt levels. The company's 2023 highlights include funds from operations of $67.8 million, production of 5,801 boe per day, and dividends of $24.9 million. Gear's 2024 outlook focuses on leveraging the Trans Mountain pipeline expansion for further growth opportunities.
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Gear Energy Ltd. (GENGF) completes strategic repositioning process after exploring various alternatives to enhance shareholder value. Despite declining oil prices, the company remains optimistic due to the stabilization of WTI and improved outlook for WCS differentials. The Board concluded the process with no specific transactions being pursued and plans to optimize current operations. Additionally, Gear intends to implement a normal course issuer bid to purchase up to 10% of its outstanding common shares for cancellation.
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Gear Energy Ltd. announces the February 2024 monthly dividend of $0.005 per common share, to be paid on February 29, 2024, designated as an 'eligible dividend' for Canadian income tax purposes.
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Gear Energy Ltd. announces the release of its December 2023 monthly update to shareholders, providing further information on the company's financial performance and operations.
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Gear Energy Ltd. (GXE) confirms the payment of the January 2024 monthly dividend of $0.005 per common share on January 31, 2024, to shareholders of record on January 15, 2024. The dividend is designated as an 'eligible dividend' for Canadian income tax purposes.
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Gear Energy Ltd. (GXE) Announces November 2023 Shareholder Update
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Gear Energy Ltd. (GXE) confirms the December 2023 monthly dividend of $0.005 per common share to be paid on December 29, 2023, to shareholders of record on December 15, 2023. The dividend is designated as an 'eligible dividend' for Canadian income tax purposes.
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Gear Energy

OTC:GENGF

GENGF Rankings

GENGF Stock Data

88.43M
240.51M
9.66%
2.42%
Oil & Gas E&P
Energy
Link
Canada
Calgary