Ingram PEng - Gear Energy Pres CEO

GENGF Stock  USD 0.40  0.01  2.56%   

Insider

Ingram PEng is Pres CEO of Gear Energy
Phone403 538 8435
Webhttps://www.gearenergy.com

Gear Energy Management Efficiency

The company has return on total asset (ROA) of 0.2018 % which means that it generated a profit of $0.2018 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.7122 %, meaning that it generated $0.7122 on every $100 dollars invested by stockholders. Gear Energy's management efficiency ratios could be used to measure how well Gear Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Gear Energy has accumulated 26.36 M in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. Gear Energy has a current ratio of 1.11, suggesting that it is not liquid enough and may have problems paying out its financial obligations in time and when they become due. Debt can assist Gear Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Gear Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gear Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gear to invest in growth at high rates of return. When we think about Gear Energy's use of debt, we should always consider it together with cash and equity.

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Gear Energy Ltd., an exploration and production company, acquires, develops, and holds interests in petroleum and natural gas properties and assets in Canada. As of December 31, 2021, the companys CelticParadise Hill property had proved plus probable reserves of 4,047 thousand barrels of heavy crude oil the Wildmere field had proved plus probable reserves of 3,405 Mbbls of heavy crude oil and 1.4 billion cubic feet of natural gas the Wilson Creek property comprised of proved plus probable reserves of 3,318 Mbbls of light crude oil and natural gas liquids , and 6.2 Bcf of natural gas and the Tableland property had proved plus probable reserves of 5,315 Mbbls of light crude oil and NGLs, and 3.5 BCF of natural gas. Gear Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 29 people. Gear Energy [GENGF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Gear Energy Leadership Team

Elected by the shareholders, the Gear Energy's board of directors comprises two types of representatives: Gear Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gear. The board's role is to monitor Gear Energy's management team and ensure that shareholders' interests are well served. Gear Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gear Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
HanBom Hwang, CFO Fin
Yvan Chretien, Vice President - Land
Bryan Dozzi, Vice President - Engineering
Dustin Ressler, Vice President - Exploration
Edward LLB, Co Sec
Ingram PEng, Pres CEO
Jason Kaluski, VP of Operations

Gear Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Gear Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in Gear OTC Stock

Gear Energy financial ratios help investors to determine whether Gear OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gear with respect to the benefits of owning Gear Energy security.