Gran Tierra Energy Ord Shs T.GTE

Beyond common sense.

[baranja]

*  Forecasts Second Half 2021 Free Cash Flow2 of $100-120 Million

So on a yearly basis,.. Free Cash Flow would be 240 Million per year while market cap is 230 million dollars
I have never, ever, see something like that period.

Market cap smaller then FCF for the whole year.  I don't get it.

[Luckyeleven]

They never meet projections so until they do it's just a number. Zero trust in Guidry by the market and for good reason imo. He has single handedly destroyed this company. 

[Druchii]

Also, after deducting high interest expense from free cash flow, what remains is much less attractive  

[RHertig]

So called free cash flow is almost an impossible way to value oil and gas companies. Especially small caps. You can give ten different management groups the exact same books and they can come up with 10 different free cash flow numbers. There is a grave yard full of oil companies touting free cash flow that shortly thereafter went bankrupt. I am in no way saying this one is going under. I hold a

[tigris72poo]

 There is a grave yard full of oil companies touting free cash flow that shortly thereafter went bankrupt.  You are right about that RH.  But you can't go bankrupt if you don't have any debt (look at Parex) while life is much less comfortable if you owe $700 million like GTE