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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 > Now GTE above $11.00 per share
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Post by monte8 on Apr 03, 2024 3:18pm

Now GTE above $11.00 per share

GTE has sen a $1.00 rise per share in two trading days.  A rise like this is uprecidented for GTE and not all attributed to the rise in crude.

There is no news issued so could be a combination of rise in crude and short covering.

As far as profitable next quarter is concerned, GTE will show a loss as they always do simply by servicing the debt, overspending on exploration, roylties, payoffs to the local governments officials, stock options to management and board members, etc.

The minimal increase in volume (barrels per day) and higher price for oil will not offset the losses. They've played this senario for the longest time.
Comment by downwithdotcom1 on Apr 03, 2024 4:14pm
agreed-tax reforms?? maybe some exploration news outside of Columbia?? something is going on...dwdc
Comment by Frank007 on Apr 03, 2024 6:43pm
Don,t be foolish ...the buy back is happening every day ....8 eight is the agent you cab see the trades...gran Tierra produces more oil per 1000 shares do the math 33,000 bopd.   32,000,000 milion shares and shrinking fast ....no othe e and p is even colonel ....Baytex    157 per / 1000 shares ...cpg 170 /1000  gran Tierra 1,058. Bopd per 1000 shares ....you had better get ...more  
Comment by khyber2 on Apr 03, 2024 8:11pm
Why is it , that you post time and time again, badmouthing, GTE? Do you even own any shares? You seem to forget , that there was a consolidation, 1 share for 10 shares. So, $ 11.00 is only $ 1.10 per share. Maybe some of us long suffering shareholders, are happy to see some of our money back. So, why don't you just get lost, and quit your whining, and stupid remarks to yourself?!!!!