What is the equity of Gear Energy this year?
Gear Energy has equity of 236.74 M CAD this year.
Gear Energy Equity 2024
Gear Energy Equity
236.74 M CAD
Ticker
GXE.TO
ISIN
CA36830P1045
WKN
A1XBLP
In 2024, Gear Energy's equity was 236.74 M CAD, a -5.91% increase from the 251.6 M CAD equity in the previous year.
Gear Energy Aktienanalyse
What does Gear Energy do?
Gear Energy Ltd is a Canadian oil and gas company that was founded in Calgary, Alberta in 2008. The company focuses on the exploration, development, and production of oil and gas in Western Canada. This text provides a detailed overview of Gear Energy Ltd's history, business model, various divisions, and products. History: Gear Energy Ltd was founded by a group of experienced oil and gas professionals who had a long and successful career in the industry. They believed that utilizing new innovative technologies and focusing on top-notch production techniques would help unlock the full potential of the oil and gas reserves in Western Canada. Business Model: Gear Energy Ltd's business model is based on acquisitions, the development of new projects, and the optimization of existing assets. The company operates a long-term development program that prioritizes predictability and sustainable production for value creation. Divisions: Gear Energy Ltd is divided into several business divisions to cover their specific production capabilities related to oil and gas exploration and production. The primary divisions include: - Leduc Woodbend Montney: Leduc Woodbend Montney is one of Gear Energy's key production areas. They are majority owners of production of approximately 4,375 barrels of oil per day (gross). Gear Energy utilizes a combination of horizontal drilling and hydraulic fracturing technologies in this area. - Lloydminster: The Lloydminster area is known for its heavier oil sands, requiring more complex production methods. However, Gear Energy is committed to unlocking these untapped resources in innovative ways. The company utilizes both conventional drilling and thermal methods like Steam-Assisted Gravity Drainage (SAGD) and Polymer Injection in this region. - Central Alberta: A significant portion of Gear Energy's production areas is located in central Alberta. Their production portfolio in this area enhances liquidity and increases flexibility in land acquisition activities. Products: Gear Energy Ltd primarily produces oil and gas, with their product mix varying based on the business area. The company's production comes mainly from the Leduc Woodbend Montney and Central Alberta, Lloydminster, with a smaller portion from other areas such as Wildmere and Dodsland. The raw materials are supplied to the midstream industry, which processes and transports them. The company places a strong emphasis on environmental protection and continually strives to minimize environmental impacts through the use of new technologies and optimization methods. In summary, Gear Energy Ltd is a company focused on the exploration, development, and production of oil and gas in Western Canada. They aim to successfully unlock the potential of the oil and gas reserves in Western Canada through innovation and efficiency improvements. Gear Energy's business model revolves around acquisitions, the development of new projects, and the optimization of existing assets. The primary divisions are Leduc Woodbend Montney, Lloydminster, and Central Alberta, primarily delivering oil and gas products. Gear Energy Ltd is committed to innovative and environmentally friendly production methods and strives for sustainability and value creation for all stakeholders. Gear Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.Equity Details
Analyzing Gear Energy's Equity
Gear Energy's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Gear Energy's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Gear Energy's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
Gear Energy's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in Gear Energy’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about Gear Energy stock
What was the equity of Gear Energy compared to the previous year?
The equity of Gear Energy has increased/decreased by -5.91% decreased compared to the previous year.
What impact does a high equity have on investors of Gear Energy?
A high equity is advantageous for investors of Gear Energy as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of Gear Energy?
A low equity can be a risk for investors of Gear Energy, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of Gear Energy affect the company?
An increase in equity of Gear Energy can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of Gear Energy affect the company?
A reduction in equity of Gear Energy can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of Gear Energy?
Some factors that can affect the equity of Gear Energy include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Gear Energy so important for investors?
The equity of Gear Energy is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can Gear Energy take to change the equity?
To change equity, Gear Energy can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does Gear Energy pay?
Over the past 12 months, Gear Energy paid a dividend of 0.1 CAD . This corresponds to a dividend yield of about 15.83 %. For the coming 12 months, Gear Energy is expected to pay a dividend of 0.12 CAD.
What is the dividend yield of Gear Energy?
The current dividend yield of Gear Energy is 15.83 %.
When does Gear Energy pay dividends?
Gear Energy pays a quarterly dividend. This is distributed in the months of July, August, September, October.
How secure is the dividend of Gear Energy?
Gear Energy paid dividends every year for the past 0 years.
What is the dividend of Gear Energy?
For the upcoming 12 months, dividends amounting to 0.12 CAD are expected. This corresponds to a dividend yield of 19.37 %.
In which sector is Gear Energy located?
Gear Energy is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Gear Energy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Gear Energy from 9/27/2024 amounting to 0.005 CAD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.
When did Gear Energy pay the last dividend?
The last dividend was paid out on 9/27/2024.
What was the dividend of Gear Energy in the year 2023?
In the year 2023, Gear Energy distributed 0.07 CAD as dividends.
In which currency does Gear Energy pay out the dividend?
The dividends of Gear Energy are distributed in CAD.
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Andere Kennzahlen von Gear Energy
Our stock analysis for Gear Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Gear Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
