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Gran Tierra Energy Ord Shs GTE


Primary Symbol: T.GTE

Gran Tierra Energy Inc. is an independent international energy company. The Company is focused on international oil and natural gas exploration and production with assets in Colombia and Ecuador. The Company has interests in approximately 22 blocks in Colombia, three blocks in Ecuador, and is the operator of 24 of these blocks. Its assets in Colombia represent approximately 99% of its production with oil reserves and production mainly located in the Middle Magdalena Valley (MMV) and Putumayo Basin. In MMV, the Company’s field is the Acordionero field, where it produces approximately 17-degree American Petroleum Institute (API) oil, which represents 52% of total company production. The Putumayo production is approximately 27-degree API for Chaza Block and 18-degree API for Suoriente Block, representing 25% and 14% respectively, of total company production.


TSX:GTE - Post by User

Post by Rational43on Nov 01, 2023 10:21pm
161 Views
Post# 35712628

Love to see the buybacks

Love to see the buybacksMarket wants to give it away for 0.7 x CF, great, let's keep raising production 11% a year by keeping production flat and buying back 10% of shares.  
Then with the other 93% of Cash flow they can reduce debt, and grow organically, to supercharge the 11% that is free with buybacks.  

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