Gear Energy Ltd.
GXE.TO
Price:
$0.52
Market Cap:
$137.07M
Gear Energy Ltd., an exploration and production company, acquires, develops, and holds interests in petroleum and natural gas properties and assets in Canada. Its properties include the Celtic/Paradise Hill property located approximately 40 kilometers northeast of Lloydminster Alberta; the Wildmere field situated approximately 200 kilometers southeast of Edmonton, Alberta; the Wilson Creek property located in Central Alberta; and the Tableland property situated southwest of Estevan in Southeast Saskatchewan. As of December 31, 2021, the company's Celtic/Paradise Hill property had proved plus probable reserves of 4,047 thousand barrels (Mbbls) of heavy crude oil; the Wildmere field had proved...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2013-11-18
Stock Exchange
TSX
Ticker
GXE.TO
PE Ratio
[10.40]
ROE
[5.41%]
Current Ratio
[0.95]
Dividend Yield
[11.54%]
Enterprise Value
[152.21M]
Dividend History
The ROE as of November 2024 (TTM) for Gear Energy Ltd. (GXE.TO) is 5.41%
According to Gear Energy Ltd.’s latest financial reports and current stock price. The company's current ROE is 5.41%. This represents a change of 310.65% compared to the average of 1.32% of the last 4 quarters.
Gear Energy Ltd. (GXE.TO) Historical ROE (quarterly & annually)
How has GXE.TO ROE performed in the past?
The mean historical ROE of Gear Energy Ltd. over the last ten years is -12.02%. The current 5.41% ROE has changed -145.05% with respect to the historical average. Over the past ten years (40 quarters), GXE.TO's ROE was at its highest in in the December 2021 quarter at 39.25%. The ROE was at its lowest in in the March 2020 quarter at -153.75%.
Average
-12.02%
Median
-0.20%
Minimum
-102.51%
Maximum
40.44%
Gear Energy Ltd. (GXE.TO) ROE by Quarter and Year
Discovering the peaks and valleys of Gear Energy Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 2.26%
Maximum Annual ROE = 40.44%
Minimum Annual Increase = -214.97%
Minimum Annual ROE = -102.51%
| Year | ROE | Change |
|---|---|---|
| 2023 | 3.63% | -87.83% |
| 2022 | 29.80% | -26.31% |
| 2021 | 40.44% | -154.88% |
| 2020 | -73.69% | 2.26% |
| 2019 | -3.12% | -214.97% |
| 2018 | 2.71% | -58.68% |
| 2017 | 6.56% | -139.39% |
| 2016 | -16.65% | -83.75% |
| 2015 | -102.51% | 1.30% |
| 2014 | -7.35% | 775.34% |
Gear Energy Ltd. (GXE.TO) Average ROE
How has GXE.TO ROE performed in the past?
The current ROE of Gear Energy Ltd. (GXE.TO) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
24.62%
5-year avg
-0.59%
10-year avg
-12.02%
Gear Energy Ltd. (GXE.TO) ROE vs. Peers
How is GXE.TO’s ROE compared to its peers?
Gear Energy Ltd.’s ROE is less than Cardinal Energy Ltd. (12.73%), less than Tamarack Valley Energy Ltd. (9.89%), less than Athabasca Oil Corporation (14.73%), less than Headwater Exploration Inc. (30.08%), less than NuVista Energy Ltd. (16.10%),
| Company | ROE | Market cap |
|---|---|---|
| 12.73% | $1.02B | |
| 9.89% | $2.37B | |
| 14.73% | $2.79B | |
| 30.08% | $1.64B | |
| 16.10% | $2.38B |
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