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 > Anyone questioning this stock is a shorter or fool

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Comment by downwithdotcom1on Jan 17, 2022 12:44pm

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Post# 34324896

RE:Anyone questioning this stock is a shorter or fool

you want facts?? it was $1.25 at the end of Q3 and thats WITH hugely money losing hedges still in place..
you want facts?? its been one of the WORST performing OIL stocks traded on the TSX..
you want facts?? current management kept churning cashflow in the name of production resulting in debts somewhere around $800 mill USD just like the US shale producers who also destroyed shareholder value by 80%..
you want facts??current management has still not embraced SHARE-HOLDER returns..no buy backs, no dividends, no plan to increase FREE CASH FLOW...
you want more?? NO INVESTMENT HERE..dwdc

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