Kevin Johnson - Gear Energy CEO President

GXE Stock  CAD 0.54  0.01  1.89%   

CEO

Kevin Johnson is CEO President of Gear Energy
Address 205 ? 5th Avenue SW, Calgary, AB, Canada, T2P 2V7
Phone403 538 8435
Webhttps://www.gearenergy.com

Gear Energy Management Efficiency

The company has return on total asset (ROA) of 0.0472 % which means that it generated a profit of $0.0472 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0495 %, meaning that it generated $0.0495 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. As of the 30th of November 2024, Return On Tangible Assets is likely to grow to 0.03. Also, Return On Capital Employed is likely to grow to 0.08. At this time, Gear Energy's Other Current Assets are very stable compared to the past year. As of the 30th of November 2024, Total Current Assets is likely to grow to about 22.7 M, while Total Assets are likely to drop about 326.2 M.
Gear Energy has accumulated 21.16 M in total debt with debt to equity ratio (D/E) of 1.08, which is about average as compared to similar companies. Gear Energy has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay 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. Its oil-focused operations are located in three core areas, including Lloydminster heavy oil, Central Alberta lightmedium oil, and Southeast Saskatchewan light oil. GEAR ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 33 people. Gear Energy (GXE) is traded on Toronto Exchange in Canada and employs 30 people. Gear Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

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.
Edward Brown, Corporate Secretary
Harry English, Independent Director
Bryan Dozzi, Vice President - Engineering
Ingram Gillmore, President, Chief Executive Officer, Director
Greg Bay, Independent Director
Ingram PEng, President CEO
David Hwang, Chief Financial Officer, Vice President - Finance
Scott Robinson, Director
HanBom Hwang, CFO Finance
Yvan Chretien, Vice President - Land
Dustin Ressler, Vice President - Exploration
Edward LLB, Corporate Secretary
Donald Gray, Executive Chairman, Member of Audit Committee, Member of Compensation and Governance Committee and Member of Reserves Committee
Wilson Wang, Independent Director
Bindu Wyma, Director
Steve Power, Vice Exploration
Kevin Johnson, CEO President
Jason Kaluski, Vice President - Operations

Gear Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right 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.

Pair Trading with Gear Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gear Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gear Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Gear Stock

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  0.41ENB-PFU Enbridge Pref LPairCorr
The ability to find closely correlated positions to Gear Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gear Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gear Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gear Energy to buy it.
The correlation of Gear Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gear Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gear Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gear Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Gear Stock

Gear Energy financial ratios help investors to determine whether Gear 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.