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 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

Gran Tierra Energy Ord Shs > Looks to be very undervalued

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Comment by downwithdotcom1on Mar 26, 2021 2:49pm

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Post# 32887698

RE:Looks to be very undervalued

my only take on why this is so badly underperforming is that its being punished for the hedges in place (more so in q1,2 ) . they were suppossed to be dramatically increasing production as time goes by into the year meaning less out of money hedge production BUT STILL, even with hedges in place GTE is still running $5 - 10 above the highest price deck in their budget thus far, so why is it trading at ONE TIMES FORWARD CASHFLOW??? i guess nobody belieives in BRENT holding and/or in this management team (sigh)...dwdc

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