Streetbeat News

GTE

Gran Tierra Energy Inc.

https://www.grantierra.com

Industry

Oil & Gas Exploration & Production

Gran Tierra Energy Inc., together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. As of December 31, 2021, it had total proved undeveloped reserves of 24.8 million barrels of oil equivalent in Colombia. The company was incorporated in 2003 and is headquartered in Calgary, Canada.

Open

6.56

Mkt cap

230M

Volume

637K

High

6.68

P/E Ratio

4.41

52-wk high

10.40

Low

6.25

Div yield

N/A

52-wk low

4.72

Gran Tierra Energy Inc. is considered undervalued, with recent oil discoveries in Ecuador and a joint venture with Logan Energy potentially boosting production. The acquisition of i3 for $225.4 million and links with Trafigura further highlight GTE's growth potential.

Portfolio Pulse from

December 10, 2024 | 1:30 pm

Gran Tierra Energy's acquisition of i3 Energy has been approved by i3 Energy shareholders, marking a significant step towards the completion of the deal. The acquisition is expected to be finalized by October 31, 2024, pending regulatory approvals.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 3:23 pm

The article highlights three oversold energy stocks with potential for gains: Gran Tierra Energy, Vivakor, and Crown LNG Holdings. These stocks have low RSI values, indicating they may be undervalued and present buying opportunities.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 11:07 am

Gran Tierra Energy's shares fell following its announcement to acquire Snap i3 Energy for $225.4 million in a cash and stock deal.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 5:07 pm

Gran Tierra Energy is set to acquire i3 Energy for $225.4 million, offering a 49% premium on i3 Energy's share price. The acquisition will be executed through a court-sanctioned scheme, with i3 shareholders receiving cash and shares in Gran Tierra.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:13 am

RBC Capital analyst Greg Pardy has reiterated a Sector Perform rating on Gran Tierra Energy (TSX:GTE) and maintained a price target of C$11.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 2:34 pm

Gran Tierra Energy (AMEX:GTE) reported Q2 2024 GAAP EPS of $1.16 and sales of $165.609 million, a 4.88% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:03 pm

Gran Tierra Energy (AMEX:GTE) reported a 9.28% increase in Q1 sales to $157.58 million, up from $144.19 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:33 pm

RBC Capital analyst Luke Davis has maintained a 'Sector Perform' rating on Gran Tierra Energy (TSX:GTE) and increased the price target from C$9 to C$10.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 2:43 pm

Earnings reports for various companies are scheduled for February 20, 2024, with a mix of projected earnings and losses across different sectors. Notable companies include Walmart, Home Depot, Medtronic, and Barclays, among others, with expectations ranging from significant profits to losses per share.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 11:52 am

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