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Gear Energy Ltd. (GXE.TO)
Key financial summary
Financials in CAD| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | CAD m | 109 | 132 | 65 | 129 | 187 | 149 | 143 |
| Operating profit | CAD m | 23 | 26 | |||||
| Net profit | CAD m | 5 | -6 | -77 | 80 | 75 | 9 | 12 |
| EPS reported | CAD | 0.03 | 0.05 | |||||
| Operating cashflow per share | CAD | 0.24 | 0.24 | |||||
| Capex per share | CAD | 0.18 | 0.18 | |||||
| FCF per share | CAD | 0.06 | 0.06 | |||||
| Free cash flow | CAD m | 15 | 24 | |||||
| Net debt | CAD m | 21 | 15 | |||||
| Book value equity | CAD m | 237 | 245 | |||||
| Book value per share | CAD | 0.90 | 0.93 | |||||
| Number of shares | m | 263.28 | 263.58 | |||||
| DPS (TTM paid) | CAD | 0.09 | 0.06 |
Financial summary
Financials in CAD| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 19.63 | - | |||||
| P/B LTM | x | 0.71 | 0.52 | |||||
| P/S LTM | x | 1.13 | 0.89 | |||||
| P/FCF LTM | x | 10.96 | 5.22 | |||||
| EV/EBITDA LTM | x | 2.80 | 1.98 | |||||
| EV/Sales LTM | x | 1.27 | 0.99 | |||||
| Earnings Yield LTM | % | 5.09% | 6.83% | |||||
| FCF Yield | % | 9.12% | 19.14% | |||||
| Quality | ||||||||
| ROE | % | 3.63% | 3.52% | |||||
| ROIC | % | 3.14% | 3.14% | |||||
| Operating margin | % | 15.68% | 15.68% | |||||
| Gross margin | % | 58.42% | 58.42% | |||||
| FCF/Sales | % | 10.28% | 10.28% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | -88.36% | -73.34% | |||||
| Sales Growth YoY | % | -20.59% | -5.06% | |||||
| Net Income Growth YoY | % | -88.55% | -72.47% | |||||
| FCF Growth | % | -61.03% | +207.01% | |||||
| Operating Profit Growth | % | -64.09% | -5.03% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 14.84% | 12.50% | |||||
| Dividend Growth | % | +35.71% | - | |||||
| Payout Ratio | % | 289.45% | 130.11% | |||||
| FCF/Debt | x | 0.72 | 1.58 | |||||
| Net Debt/EBITDA | x | 0.31 | 0.31 | |||||
| EBIT/Net interest | x | 5.21 | 5.21 | |||||
| Net debt/market cap | % | 12.63% | 12.15% | |||||
| Net debt/Equity | x | 0.09 | 0.06 | |||||
| Gross debt/equity | x | 0.09 | 0.06 | |||||
Company overview
Gear Energy Ltd. is a Canadian exploration and production company engaged in the acquisition, development, and management of oil and natural gas properties across Canada. Its key operational areas include the Celtic/Paradise Hill property, situated approximately 40 kilometers northeast of Lloydminster, Alberta; the Wildmere field, located about 200 kilometers southeast of Edmonton, Alberta; the Wilson Creek property in Central Alberta; and the Tableland property, found southwest of Estevan in Southeast Saskatchewan. As of December 31, 2021, the company reported its estimated proved and probable (2P) reserves for these properties: the Celtic/Paradise Hill asset contained 4,047 thousand barrels (Mbbls) of heavy crude oil; the Wildmere field held 3,405 Mbbls of heavy crude oil and 1.4 billion cubic feet (Bcf) of natural gas; the Wilson Creek property possessed 3,318 Mbbls of light crude oil and natural gas liquids (NGLs) and 6.2 Bcf of natural gas; and the Tableland property recorded 5,315 Mbbls of light crude oil and NGLs, in addition to 3.5 Bcf of natural gas. Gear Energy Ltd. maintains its headquarters in Calgary, Canada.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Gear Energy Ltd. (GXE.TO)
Gear Energy Ltd. is a Canadian exploration and production company engaged in the acquisition, development, and management of oil and natural gas properties across Canada. Its key operational areas include the Celtic/Paradise Hill property, situated approximately 40 kilometers northeast of Lloydminster, Alberta; the Wildmere field, located about 200 kilometers southeast of Edmonton, Alberta; the Wilson Creek property in Central Alberta; and the Tableland property, found southwest of Estevan in Southeast Saskatchewan. As of December 31, 2021, the company reported its estimated proved and probable (2P) reserves for these properties: the Celtic/Paradise Hill asset contained 4,047 thousand barrels (Mbbls) of heavy crude oil; the Wildmere field held 3,405 Mbbls of heavy crude oil and 1.4 billion cubic feet (Bcf) of natural gas; the Wilson Creek property possessed 3,318 Mbbls of light crude oil and natural gas liquids (NGLs) and 6.2 Bcf of natural gas; and the Tableland property recorded 5,315 Mbbls of light crude oil and NGLs, in addition to 3.5 Bcf of natural gas. Gear Energy Ltd. maintains its headquarters in Calgary, Canada.
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