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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 > Re. Press Release
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Post by monte8 on Feb 20, 2024 10:05am

Re. Press Release

Loss quarter after quarter after quarter!  Production and exploration spending are too high and very little BOPD increase to offset spending for it.  The share buyback has been running now for the last 2-years and has not shown value to shareholders as the shareprice is stuck between around $7.00 and $9.00 on the top end and less than 50% of the 52 week high.  This is a lie that this is providing shareholder value!!    All this while oil prices holding modrately.

By comparison, other similar oil companies are at their alltime highs and issuing dividens.

I don't believe Guidry intends for Gran Tierra to be profitable, I think he has other interests with other group(s) to take GTE private!  Guidry, remember your fiduciary duty!
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Gran Tierra Energy Ord Shs