Subscribe to the monthly Wealth Awesome Canada update here

GXE : Gear Energy Ltd Stock Profile

Qayyum Rajan is a CFA Charterholder who has previously worked at CIBC, RBC Dominion Securities and Sentry Investments before creating his own fintech ventures.He has been a financial advisor, analyst and portfolio manager who is passionate about helping people reach their financial goals.Qayyum is the owner of Wealth Awesome where he writes financial content and creates tools for over 20,000 Canadian investors.

Expertises: finance, investment, stocks
 
Last Updated:
Gear Energy Ltd trades with the ticker GXE on the TSX and is in the Oil & Gas E&P industry.
Overview
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.
 

GXE.TO Stock Price and Key Stats

GXE Stock Key Stats

Exchange: TSX

Market Cap : $158.15MM

PE Ratio: 12.0

Price: (Updated: )

Gear Energy Ltd (GXE) vs Competitors in Oil & Gas E&P

Lets see how GXE.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:

Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd

.

Oil & Gas E&P Industry Comparisons

CompanyMarket Cap ($MM)P/E RatioEV/EBITDADividend Yield
Advantage Oil & Gas Ltd (AAV)$1,551.1719.7666.962N/A%
Africa Oil Corp (AOI)$819.578N/A7.833.7%
ARC Resources Ltd (ARX)$13,772.70511.9695.3142.9%
Athabasca Oil Corporation (ATH)$2,888.10935.49.932N/A%
Birchcliff Energy Ltd (BIR)$1,508.19835.09.1817.1%
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses Industry: companies that have a lot in common Market Cap: Market Capitalization – the total value of all a corporation’s stock N/A: Not Applicable or Not Available P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share Price: Stock Price – current value to buyers and sellers Dividend Yield: Dividend or Distribution Yield 

Comparisons within Oil & Gas E&P

  • Gear Energy Ltd (GXE) vs Advantage Oil & Gas Ltd (AAV)
    • AAV has higher EPS (0.47 vs 0.05). GXE provides dividends, while AAV does not. AAV has a higher P/E ratio (19.766 vs 12.0) indicating it’s more expensive.
  • Gear Energy Ltd (GXE) vs Africa Oil Corp (AOI)
    • GXE has higher EPS (0.05 vs -0.11). GXE has higher dividend yield (10.0% vs 3.7%). AOI has a P/E under 0, indicating GXE (P/E 12.0) is in a better position.
  • Gear Energy Ltd (GXE) vs ARC Resources Ltd (ARX)
    • ARX has higher EPS (1.93 vs 0.05). GXE has higher dividend yield (10.0% vs 2.9%). GXE has a higher P/E ratio (12.0 vs 11.969) indicating it’s more expensive.
  • Gear Energy Ltd (GXE) vs Athabasca Oil Corporation (ATH)
    • ATH has higher EPS (0.15 vs 0.05). GXE provides dividends, while ATH does not. ATH has a higher P/E ratio (35.4 vs 12.0) indicating it’s more expensive.
  • Gear Energy Ltd (GXE) vs Birchcliff Energy Ltd (BIR)
    • BIR has higher EPS (0.16 vs 0.05). GXE has higher dividend yield (10.0% vs 7.1%). BIR has a higher P/E ratio (35.0 vs 12.0) indicating it’s more expensive.
 
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (2.40) than the industry average (5.36), indicating attractive valuation.
 

How to Buy GXE stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX.If you are looking for some easy options take a look at these two: 
ImageProduct TitleFeaturesPrice
Editor's Choice
Wealthsimple Trade

Wealthsimple Trade

  • ETF buys and sells have $0 trading fees
  • Desktop and mobile trading
  • Reputable Brand
  • Beautiful Design
Get $25 Signup Bonus
Reliable Pick
Questrade

Questrade

  • ETF buys have $0 trading fees
  • Desktop and mobile trading
  • Most types of accounts available
Get $50 Free Stock Trades
 

Leave a Reply

Your email address will not be published. Required fields are marked *