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 are 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.

TSX:GTE - Post by User

Gran Tierra Energy Ord Shs > Using technical analysis for this one.

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Comment by monte8on Sep 23, 2024 4:25pm

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Post# 36237104

RE:RE:Using technical analysis for this one.

RBC Capitol has a Hold with price target of $10.00 updated on the 16th this month; Cannaccord Genuity maintains a Buy with price target of $20.00, this was earlier in April and may be revised after
the i3 Energy acquisition.

This management is something else. Just when everything was going well with price appreciating this summer, slowly paying debt, increase in production volume and good casflow they manage to drop the rediculous overpaid i3 Energy acquisition.

This has ruined the whole momentum we were seeing.

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