Gran Tierra Energy Ord Shs T.GTE

2022 Guidance

[yycimport]

Gran Tierra Energy Inc. Announces 2022 Guidance

• 2022 Capital Expenditure Budget of $220-240 Million, Expected 2022 Cash Flow1 of $270-290 Million
• Forecast 2022 Production of 30,500-32,500 BOPD, an Increase of 19% from 2021 and 39% from 2020
• Forecast 2022 Free Cash Flow2 of $40-60 Million After Fully Funded 2022 Exploration Program
• 2021 Year-End Credit Facility Balance Expected to be Under $70 Million
• Full Repayment of Credit Facility Expected in 2022
• Fitch Ratings Upgrade to 'B-', Outlook Stable

https://www.grantierra.com/press-room/article/352-gran-tierra-energy-inc-announces-2022-guidance

[monte8]

This guidance is bull!  Does not do anything for the investor. The share price neveappreciates and always under a buck.  Between the drill programs and the management eating up the rest there is nothing for the investors.   The share price will  always be under a buck!

[downwithdotcom1]

agreed..until this TOTALLY INCOMPETENT management team recognizes that SHAREHOLDER returns must be part of the outlook (you know,  like just about EVERY OTHER O&G  producer has ALREADY EMBRACED), this stock will never trade to its potential. its just the new reality..dwdc