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Gran Tierra Energy Ord Shs T.GTE

Alternate Symbol(s):  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

Comment by downwithdotcom1on Sep 03, 2021 12:57pm
246 Views
Post# 33809715

RE:RE: BMO Capital Target $0 60?

RE:RE: BMO Capital Target $0 60?not 100% sure but BMO's new target price is now $1.15 - the 60 cents was where it was upgraded FROM ..not surprised at the time-production cuts due to security issues plus at that time 15k  money losing HEDGES were in place..still doesn't explain the HARSH sell-off and then even worse the failure to recover...possibly trading @ 0.75 x CF , yes < 1x forward CASHFLOW..why??? SCAM TRADING from the BANKsters and flashboys but also zero faith in management (sigh)..another troubling aspect followed these days is the LACK OF FREE CASH FLOW..just never seems to go up as oil prices increase..is this a deep value play or just a value TRAP?? time will tell..dwdc
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