Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Gran Tierra Energy Ord Shs GTE


Primary Symbol: T.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... see more

TSX:GTE - Post Discussion

Gran Tierra Energy Ord Shs > Love to see the buybacks
View:
Post by Rational43 on Nov 01, 2023 10:21pm

Love to see the buybacks

Market wants to give it away for 0.7 x CF, great, let's keep raising production 11% a year by keeping production flat and buying back 10% of shares.  
Then with the other 93% of Cash flow they can reduce debt, and grow organically, to supercharge the 11% that is free with buybacks.
Comment by monte8 on Nov 02, 2023 9:38am
The 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 ...more