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Bullboard - Stock Discussion Forum Gran Tierra Energy Ord Shs T.GTE

Alternate Symbol(s):  GTE

Energy Oil & Gas E&P
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... see more

TSX:GTE - Post Discussion

Gran Tierra Energy Ord Shs > Return of investor confidence in GTE and crude?
View:
Post by morsel on Jul 13, 2023 3:14pm

Return of investor confidence in GTE and crude?

The GTE price is appoaching the price at consolidation.  Investor confidence was shaken by the Q1 loss and having to consolidate to avoid taking on penny-stock status.  

Hopefully, GTE will show a return to profitibility in Q2.  The cost of the Q2 development wells should be half the cost than in Q1.  

Crude has been oversold and now there will be a supply crunch.  All good news for GTE.
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