|Bid||0.2449 x 2900|
|Ask||0.2650 x 1800|
|Day's Range||0.2565 - 0.2700|
|52 Week Range||0.1800 - 2.0600|
|Beta (5Y Monthly)||1.87|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 12, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.72|
Focused on Balance Sheet Protection and Long-Term Value Preservation Low Base Decline, Conventional Oil Asset Base and Operatorship Provide Competitive Advantage Prioritizing.
CALGARY, Alberta, May 08, 2020 -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced the voting results from its.
CALGARY, Alberta, May 01, 2020 -- Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE), announces that the Company will release its 2020 first.
Gran Tierra Energy Inc. (NYSE American:GTE) (GTE.TO) (GTE.L) provides the following Notice to Stockholders regarding the Annual Meeting of Stockholders. In the interest of protecting the health of our stockholders, employees and community during the coronavirus pandemic (COVID-19), the location of the 2020 Annual Meeting of Stockholders of Gran Tierra Energy Inc. on Wednesday, May 6, 2020 at 11:30 a.m. (Mountain Time) has been changed and will be held solely by remote communication, in a virtual-only format. To log into the Annual Meeting you will have the option to join as a “Guest” or join as a “Shareholder”.
Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(GTE.TO)(GTE.L) today announced a business update regarding the Company’s proactive measures taken to protect its financial strength in response to the large decrease in world oil prices and the impacts of COVID-19. All dollar amounts are in United States ("U.S.") dollars and production amounts are unaudited and on an average working interest before royalties ("WI") basis, unless otherwise indicated. Due to the unprecedented challenges of 2020, Gran Tierra has adjusted its production volumes, capital investments and operating and general and administrative (“G&A”) costs to protect the Company’s balance sheet and to preserve long-term value.
Potential Gran Tierra Energy Inc. (NYSEMKT:GTE) shareholders may wish to note that the President, Gary Guidry...
Decisive Action Taken to Reduce 2020 Capital Program in Response to Decrease in Oil PricesReduction in Capital Program From $200-220 Million to $60-80 Million, Maintaining.
CALGARY, Alberta, Feb. 26, 2020 -- Gran Tierra Energy Inc. ("Gran Tierra" or the "Company") (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced the Company's financial and.
Today we'll evaluate Gran Tierra Energy Inc. (NYSEMKT:GTE) to determine whether it could have potential as an...
CALGARY, Alberta, Feb. 19, 2020 -- Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE), announces that the Company will release its 2019 fourth.
Gran Tierra Energy Inc. ("Gran Tierra" or the "Company") (NYSE American:GTE)(NYSE MKT:GTE)(GTE.TO)(GTE.L), a company focused on oil exploration and production in Colombia and Ecuador, today announced the Company's 2019 year-end reserves as evaluated by the Company's independent qualified reserves evaluator McDaniel & Associates Consultants Ltd. ("McDaniel") in a report with an effective date of December 31, 2019 (the "GTE McDaniel Reserves Report") and an operational update. All reserves values, future net revenue and ancillary information contained in this press release have been prepared by McDaniel and calculated in compliance with Canadian National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities (“NI 51-101”) and the Canadian Oil and Gas Evaluation Handbook ("COGEH") and derived from the GTE McDaniel Reserves Report, unless otherwise expressly stated.
Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 of 2018 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 20 stocks among hedge funds beat […]
Gran Tierra Energy Inc. ("Gran Tierra" or the "Company") (NYSE American:GTE)(NYSE MKT:GTE)(GTE.TO) (GTE.L), today announced its 2020 capital budget and production guidance and an operational update. All dollar amounts are in United States dollars and all production volumes are on a working interest before royalties ("WI") basis and are expressed in barrels ("bbl") of oil per day ("bopd") or bbl of oil equivalent ("boe") per day ("boepd"), unless otherwise indicated.
If you own shares in Gran Tierra Energy Inc. (NYSEMKT:GTE) then it's worth thinking about how it contributes to the...
Substantial Completion of Major Capital Investments in Development Projects Shifting to Free Cash Flow with Sustainable Growth Positive Waterflood Response, Encouraging.
With crude inventory dipping last week, investor focus has locked in on the space. While analysts had originally expected inventory to increase, data obtained from the American Petroleum Institute found that U.S. Crude inventory dropped by 708,000 barrels. That being said, broader economic concerns have outweighed any inventory declines.“Slowing global activity will see demand drop, so the reality is that oil rallies will be limited,” OANDA senior market analyst Jeffrey Halley commented.However, this is not to say that compelling investments can’t be found in the industry. Using the TipRanks' Best Stocks to Buy tool, we were able to zero in on 3 energy stocks that boast electrifying upside potential from the current share price. If that’s not enough to convince investors, each name has earned a ‘Strong Buy’ consensus rating based on all of the recommendations issued in the last three months.Let’s drill a little deeper.Enerplus Corporation (ERF)Enerplus has made a name for itself as one of the largest oil and gas producers in Canada, with it primarily focusing on the development of North American oil as well as its natural gas assets. While shares have struggled year-to-date, analysts believe that ERF’s recent solid performance reaffirms its strong long-term growth narrative.ERF’s portfolio is made up of light oil assets in the Williston Basin in North Dakota and Montana, a position in the Marcellus natural gas shale play in northeast Pennsylvania as well as a group of oil assets under secondary and tertiary recovery in western Canada. During its second quarter, total production increased 14% quarter-over-quarter, with liquids production also rising 16%. These gains were partially due to its 22% increase in volumes in the Bakken region, located in North Dakota and Montana.Adding to the good news, management noted that it had drilled five gross and four net wells in the DJ Basin in Colorado during the quarter. If everything goes according to plan, these wells should be completed by the end of the third quarter and can hopefully be brought to production at the same time as its new pipeline connection to a third-party gas plant. The pipeline is expected to be finished by the end of the year.CIBC analyst Jamie Kubik calls ERF his “top idea” in the sector based on this impressive quarter. As a result, the analyst reiterated his Buy rating and $11 price target. At this target, he thinks shares could surge 82% over the next twelve months. (To watch Kubik’s track record, click here)With only bullish ratings assigned in the last three months, it’s clear that other Wall Street analysts believe ERF is a "Strong Buy." In addition, its $11.55 average price target brings the total upside potential to 90%. (See Enerplus stock analysis on TipRanks)Gran Tierra Energy (GTE)Gran Tierra is a global oil and gas exploration company operating in South America. Despite the fact that it faced headwinds in its second quarter, one top analyst is maintaining his bullish thesis.5-star RBC Capital analyst Al Stanton tells investors that while the company’s production was impacted by operational problems, these issues have been resolved. On top of this, GTE posted better-than-expected financial results in its most recent quarter.The energy name has also seen operational success, with its Acordionero-48 location being cited as especially promising. Stanton notes that production at this site should get an additional boost as the facility expansion was recently completed.Stanton reminds investors that key upcoming catalysts could push share prices to new heights. “Management has highlighted that H2/19 has many potential catalysts, including the drilling of 13-15 development and exploration wells, with planned appraisal of the Lisama E Sand in Acordionero and drilling of Vonu Este-1 well targeting fractured A-Limestone and the U Sand,”.Bearing this in mind, Stanton reiterated his bullish recommendation and $3 price target on GTE stock. Clearly, the analyst is confident that shares could jump 157% in the next twelve months. (To watch Stanton’s track record, click here)The rest of Wall Street echoes Tierra's bullish play, as TipRanks analytics exhibit GTE as a Strong Buy. Out of 4 analysts polled in the last 3 months, 3 are bullish on GTE stock while 1 remains sidelined. With a huge upside potential of over 170%, the stock’s consensus target price stands at $2.86. (See Gran Tierra Energy stock analysis on TipRanks)Whitecap Resources (SPGYF)Based in Calgary, Whitecap is an exploration and production (E&P) name with development focused on the Cardium oil play in Alberta and Viking oil play in Saskatchewan. Amid the backdrop of market uncertainty and significant volatility in commodity pricing, top rated analyst, Luke Davis of RBC Capital, is picking this energy stock thanks to its cost reduction plans.SPGYF is making a significant effort to tighten the belt when it comes to spending. As a result of commodity prices, the company has cut its spending for the year from $425-$475 million to $400 million, leaving $250 million for the second half of 2019. Even with this reduction, production volumes should remain resilient in 2019.The analyst adds that part of the appeal lies in the fact that Whitecap presents unique opportunity based on its low-risk growth trajectory. “We believe Whitecap can deliver above-average per share growth from low-risk drilling in established light oil plays, which are supported by waterflood and enhanced oil recovery (EOR) projects. Whitecap's acquire and exploit track record is reflected in an above-average recycle ratio since inception,” he explained.Not to mention its Weyburn CO2 project represents a foundational low-decline property with low risk expansion potential, according to Davis. Based on all of the above factors, the 4.5-star analyst kept his Buy rating while slightly lowering the price target to $5. Nonetheless, he still sees upside potential of 61%. (To watch Davis’ track record, click here)The rest of the Street appears to echo the analyst’s sentiment. 4 Buy ratings compared to 1 Hold assigned in the last three months give it a ‘Strong Buy’ consensus. It doesn’t hurt that the $5 average price target implies 80% upside potential. (See Whitecap Resources stock analysis on TipRanks)
CALGARY, Alberta, Oct. 30, 2019 -- Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE), announces that the Company will release its 2019 third.