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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 97% of its production with oil reserves and production 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 13% respectively, of total company production. It also has production base in Canada's hydrocarbon region, the Western Canadian Sedimentary Basin and appraisal assets in the North Sea.


TSX:GTE - Post by User

Bullboard Posts
Post by SuperBrownManon Feb 09, 2013 10:20pm
405 Views
Post# 20964185

my estimation GTE stock price

my estimation GTE stock price

I could be wrong (& I hope I m wrong); but I just spend few hours researching or to get an idea about GTE stock price. By the way, please kindly let me know what I m thinking wrong/or if I missed something. Following are few main points from my point of view:

1) I don't think the GTE price will go higher than about $6.00, even after the Q4 highlights info. was released on Feb-26-2013

2) GTE already gave most important information about Q4, (including % of increase in production), and the stock price only went up about/~ $0.30 to $0.40 per share. But I think stock price should have gone higher.

3) Since GTE already gave out important information, only thing they will provide(or left to provide is) actual legal written document with more accurate number of $ and etc.

4) From 1 year chart/graph,; I don't see the stock price is stable (it in unstable), meaning, when stock price goes up it does not stay @ high level for long enough (simple way saying, stock price goes down very fast when/every time the stock price goes up)

5) Good luck & wish u the best. Below, I have attached present summary of GTE from TDWterhouse:

Highlights
Technical Events
13 bullish
9 bearish
See table below for details. This page shows active events - view historical lookup for more.

Support found at:  $5.50
Resistance found at:  $5.65
Based on 500 bars. Customize on chart

Stop Price
For long position:  $5.22
For short position:  $5.86
Based on Recognia Trailing Stop ("medium") assuming position entered at last close price. Stops are updated with each new close price. Customize on chart

 

 

Bullboard Posts