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 > It just isn't that cheap

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Comment by maldwynon Jan 15, 2022 2:56am

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Post# 34319861

RE:RE:RE:RE:RE:RE:It just isn't that cheap

I believe in 90-100 $ oil.

But if you listen to the market (or Eric Nuttal) share price is all about return of capital right now. Oil is a sunset industry, admittedly that sunset is 15-20 years out, but people want their money back now. You don't have to own Suncor or other deadwood companies to get dividends or better yet dividend growth which drives share price. I also own WCP, TVE, IPO and GXE and they are all better value than GTE currently with either buybacks, dividends or the near-term prospect of them.

My point is GTE may be undervalued in the current energy environment, but not relative to its peers.

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