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Gran Tierra Energy posts 1Q profit

CALGARY, Alberta (AP) _ Gran Tierra Energy Inc. (GTE) on Wednesday reported first-quarter net income of $12.8 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Calgary, Alberta-based company said it had profit of 3 cents.

The oil and natural gas company posted revenue of $94.7 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit $2.45. A year ago, they were trading at $2.72.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GTE at https://www.zacks.com/ap/GTE

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Keywords: Gran Tierra Energy, Earnings Report