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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

Comment by monte8on Nov 02, 2023 9:38am
159 Views
Post# 35713177

RE:Love to see the buybacks

RE:Love to see the buybacksThe buybacks over the last year have done nothing, nothing for the share price.  in fact, the share price is less than half of a year ago and while oil (Brent) remains above $80.00 (good times).  

The keep issuing themselves shares and padding themselves in the back of a great job they're doing. Though, the investor's return has been dismal to say the least!

The share price is down tho less than 50% from a year ago while other oil companies are at their highs or very close to it.

Guidry is doing a terrible job running Gran Tierra.  
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