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Bullboard - Stock Discussion Forum 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... see more

TSX:GTE - Post Discussion

Gran Tierra Energy Ord Shs > why is GTE trading < 1X forward annual cashflow??
View:
Post by downwithdotcom1 on May 03, 2021 7:53pm

why is GTE trading < 1X forward annual cashflow??

-security concerns-always ongoing
-COVID - its real and its serious-see article from OILPRICE "south american oil production could implode"  .BRAZIL and their TRUMP like prez whom just refuses to believe in the simplest of steps is the chief culprit and now add in the variants, Columbia , amongst other countries in this region have/will be especially hard hit in the days going forward..
The number ONE reason thou, is the market's complete loss of cofidence in this management team - $100's of millions blown to raise production and nothing to show for it (except of course, a huge loss in investor equity ala most of the US shale producers).
There is hope, that at last management has gotten the message about FREE CASH FLOW and profits but we are definitely in show  me mode.. COVID aside, thats the real story - BRENT (less the discount) is approaching $70 , a full $15 USD above their highest pricing assumptions and on paper is now trading  <1 x forward CF-Q1 results this week-see what happens...dwdc
Comment by baranja on May 04, 2021 8:33am
Oilprice.com in anti-oil site constantly spreading missinfo about oil and always trying to take the price of oil down.  It is horrible site to read if you are investing in oil, so they will post anything to keep the price of oil down I understand GTE just started raising production since the end of 2020 so realy Q2 will be the the Q to show true size of production now, but it should be 30K ...more  
Comment by downwithdotcom1 on May 04, 2021 7:11pm
maybe your on something..new story at oilprice (title see below)...dwdc "Explosion Of Violence Is A Major Threat To Colombia's Oil Industry"
Comment by baranja on May 05, 2021 10:10am
dont' read oiliprice.com. That is anit-oil garbage financed by varous hedgefunds and ony designed to keep oil price down and create ilusion like we are all swiming in oil and there is huge glut and alternative energy is just now to replace oil and gas,.. any munute. Pure garbage with clowns posting stores there.
Comment by downwithdotcom1 on Aug 04, 2021 9:51pm
SCAM TRADING!!!!! flashboys and BANKsters have been hard at work in the whole sector peddling the COVID 19 delta variant ..i sold at $1 + and now down 30% WITH THE MONEY LOSING HEDGES GONE??? the official word is "disconnect" .. currently trading SOLIDLY less than 1x forward cashflow and GTE is down 12.5%  in ONE DAY???? DARKPOOL hedge funds now in complete control ..here's ...more  
Comment by JohnJBond on Aug 04, 2021 11:00pm
Corporate media is all about pushing global warming, and the anti carbon economy. They can package that story, and get their views to believe it, but it won't make it come true. At some point people notice whats actually happenning.    There is a reason Brent has been in the $70-80 range for a while now, and its not because everyone wants electric cars (no mater what the electric ...more  
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