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
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 : $158.15MM
PE Ratio: 12.0
Price: (Updated: )
Gear Energy Ltd (GXE) vs Competitors in Oil & Gas E&P
Lets see how GXE.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd
.Oil & Gas E&P Industry Comparisons
Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
---|---|---|---|---|
Advantage Oil & Gas Ltd (AAV) | $1,551.17 | 19.766 | 6.962 | N/A% |
Africa Oil Corp (AOI) | $819.578 | N/A | 7.83 | 3.7% |
ARC Resources Ltd (ARX) | $13,772.705 | 11.969 | 5.314 | 2.9% |
Athabasca Oil Corporation (ATH) | $2,888.109 | 35.4 | 9.932 | N/A% |
Birchcliff Energy Ltd (BIR) | $1,508.198 | 35.0 | 9.181 | 7.1% |
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.
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