Gran Tierra Energy 株価情報 (AMEX: GTE)

最新ニュース Gran Tierra Energy (AMEX:GTE) 株価情報

Gran Tierra Energy

Gran Tierra Energy Inc is an independent energy company. It is engaged in the acquisition, exploration, development, and production of oil and gas properties. The firm produces light crude oil, supplemented with medium crude and natural gas. Gran Tierra holds interests in producing and prospective properties in Colombia and prospective properties in Ecuador. The company derives its revenue from Colombia.

Gran Tierra Energy Inc

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News

Guidance

Gran Tierra Energy Forecasts 2025 Production Of 47,000-53,000 BOEPD, Representing At The Midpoint, An Increase Of 44% YoY

Making a noteworthy insider sell on December 31, Gary Guidry, President and CEO at Gran Tierra Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GTE#AMEX">GTE</a>), is reported in the latest SEC filing.
What Happened: Guidry's decision to sell 52,000 shares of Gran Tierra Energy was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001273441/000110465924132937//Archives/edgar/data/1273441/000110465924132937/0001104659-24-132937-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total value of the sale is $363,480.
During Wednesday's morning session, Gran Tierra Energy shares up by 6.32%, currently priced at $7.23.
<h3>All You Need to Know About Gran Tierra Energy</h3>
Gran Tierra Energy Inc is an independent energy company. It is engaged in the acquisition, exploration, development, and production of oil and gas properties. The firm produces light crude oil, supplemented with medium crude and natural gas. Gran Tierra holds interests in producing and prospective properties in Colombia and prospective properties in Ecuador. The company derives its revenue from Colombia.
<h3>Breaking Down Gran Tierra Energy's Financial Performance</h3>
Revenue Challenges: Gran Tierra Energy's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -15.87%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: With a high gross margin of 63.29%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): Gran Tierra Energy's EPS reflects a decline, falling below the industry average with a current EPS of 0.04.
</li>
</ul>
Debt Management: Gran Tierra Energy's debt-to-equity ratio stands notably higher than the industry average, reaching 1.77. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 4.76, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 0.34 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 1.97, Gran Tierra Energy's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
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<h3>Navigating the Impact of Insider Transactions on Investments</h3>
Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Unlocking the Meaning of Transaction Codes</h3>
Digging into the details of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001273441">Check Out The Full List Of Gran Tierra Energy's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Trading Ideas

President and CEO At Gran Tierra Energy Sells $363K Of Stock

Ronald Royal, Board Member at Gran Tierra Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GTE#AMEX">GTE</a>), reported an insider sell on December 4, according to a new SEC filing. 
What Happened: Royal opted to sell 19,967 shares of Gran Tierra Energy, according to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001273441/000110465924125621//Archives/edgar/data/1273441/000110465924125621/0001104659-24-125621-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The transaction's total worth stands at $137,372.
Gran Tierra Energy's shares are actively trading at $6.64, experiencing a up of 0.76% during Thursday's morning session.
<h3>All You Need to Know About Gran Tierra Energy</h3>
Gran Tierra Energy Inc is an independent energy company. It is engaged in the acquisition, exploration, development, and production of oil and gas properties. The firm produces light crude oil, supplemented with medium crude and natural gas. Gran Tierra holds interests in producing and prospective properties in Colombia and prospective properties in Ecuador. The company derives its revenue from Colombia.
<h3>Financial Milestones: Gran Tierra Energy's Journey</h3>
Negative Revenue Trend: Examining Gran Tierra Energy's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -15.87% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 63.29%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Gran Tierra Energy's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.04.
</li>
</ul>
Debt Management: Gran Tierra Energy's debt-to-equity ratio stands notably higher than the industry average, reaching 1.77. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 4.61 is lower than the industry average, implying a discounted valuation for Gran Tierra Energy's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.33, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 1.95, Gran Tierra Energy's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Why Insider Activity Matters in Finance</h3>
Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>A Deep Dive into Insider Transaction Codes</h3>
Digging into the details of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001273441">Check Out The Full List Of Gran Tierra Energy's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Board Member Of Gran Tierra Energy Sold $137K In Stock

fter the closing of the Transaction, Gran Tierra would retain 50 percent working interest in the Assets.&nbsp;

Asset Sales

Gran Tierra Energy Enters Agreement, Under Which Logan Energy Would Acquire 50% And Operatorship Of Portion Of Simonette Montney Assets For C$52M In Cash

Gran Tierra Energy Says Milestone Achieved In Ecuador With Seventh Successful Oil Discovery Further Confirming Significant Potential Of  Arawana / Zabaleta Field Area

RBC Capital analyst Greg Pardy reiterates Gran Tierra Energy (TSX:<a class="ticker" href="https://www.benzinga.com/stock/GTE#TSX">GTE</a>) with a Sector Perform and maintains C$9.5 price target.

Price Target

Reiteration

Analyst Ratings

TSX:GTE

RBC Capital Reiterates Sector Perform on Gran Tierra Energy, Maintains C$9.5 Price Target

WIIM

Gran Tierra Energy shares are trading higher after the company reported better-than-expected Q3 financial results.

Gran Tierra Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GTE#AMEX">GTE</a>) reported quarterly earnings of $0.04 per share. This is a 80 percent decrease over earnings of $0.20 per share from the same period last year. The company reported $151.373 million in sales this quarter. This is a 15.87 percent decrease over sales of $179.921 million the same period last year.

Earnings

Gran Tierra Energy Q3 2024 GAAP EPS $0.04 Down From $0.20 YoY, Sales $151.373M Down From $179.921M YoY

Gran Tierra Energy&nbsp;Inc. ("Gran Tierra")&nbsp;(NYSE:<a href="https://www.benzinga.com/stock/GTE#NYSE">GTE</a>) (TSX:<a href="https://www.benzinga.com/stock/GTE#TSX">GTE</a>) (LSE:GTE)&nbsp;today announced that the shareholders of i3 Energy plc, a public limited company organized under the laws of England and Wales ("i3 Energy"), have approved Gran Tierra's previously announced acquisition of i3 Energy (the "Acquisition"). &nbsp;
This approval satisfies one of the conditions to the closing of the Acquisition. The Acquisition remains subject to the satisfaction of additional regulatory closing conditions, as previously disclosed, and is expected to be effective on or about October 31, 2024.

Gran Tierra Energy Acquisition Of i3 Energy Approved By i3 Energy Shareholders

Disclosed in the latest SEC filing, a significant insider purchase on September 19, involves Gary Guidry, President and CEO at Gran Tierra Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GTE#AMEX">GTE</a>).
What Happened: Guidry's recent purchase of 100,000 shares of Gran Tierra Energy, disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001273441/000110465924101418//Archives/edgar/data/1273441/000110465924101418/0001104659-24-101418-index.htm">U.S. Securities and Exchange Commission</a> on Thursday, reflects confidence in the company's potential. The total transaction value is $617,000.
The latest market snapshot at Friday morning reveals Gran Tierra Energy shares up by 5.77%, trading at $6.42.
<h3>About Gran Tierra Energy</h3>
Gran Tierra Energy Inc is an independent energy company. It is engaged in the acquisition, exploration, development, and production of oil and gas properties. The firm produces light crude oil, supplemented with medium crude and natural gas. Gran Tierra holds interests in producing and prospective properties in Colombia and prospective properties in Ecuador. The company derives its revenue from Colombia.
<h3>Gran Tierra Energy: A Financial Overview</h3>
Positive Revenue Trend: Examining Gran Tierra Energy's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 4.88% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Energy sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 66.49%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Gran Tierra Energy's EPS is below the industry average. The company faced challenges with a current EPS of 1.16. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: Gran Tierra Energy's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.44, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 3.87 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 0.3, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a below-average EV/EBITDA ratio of 1.78, Gran Tierra Energy presents an opportunity for value investors. This lower valuation may attract investors seeking undervalued opportunities.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Exploring Key Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001273441">Check Out The Full List Of Gran Tierra Energy's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Gran Tierra Energy Recent Insider Activity

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Gran Tierra Energy Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTE#NYSE">GTE</a>)</h3>
<ul>
<li>On Sept. 18, Gran Tierra Energy announced the closing of an additional $150 million aggregate principal amount of its 9.500% senior secured amortizing notes due 2029. The company's stock fell around 31% over the past month and has a <a href="https://www.benzinga.com/quote/GTE">52-week low of $4.72</a>.</li>
<li>RSI Value: 27.50</li>
<li>GTE Price Action: Shares of Gran Tierra Energy fell 6.4% to close at $5.90 on Wednesday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1">latest GTE new</a>s. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="846" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070435/image-149.png" alt="" class="wp-image-555845" style="width:682px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070435/image-149.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070435/image-149-300x280.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070435/image-149-768x716.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure>
<h3 class="wp-block-heading">Vivakor inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIVK#NASDAQ">VIVK</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On April 22, VirnetX Holding announced that it has established an advisory board comprised of four retired senior U.S. Air Force leaders. The company's stock fell around 28% over the past month. It <a href="https://www.benzinga.com/quote/VIVK">has a 52-week low</a> of $0.44.</li>
<li>RSI Value: 27.07</li>
<li>VIVK Price Action: Shares of Vivakor fell 0.7% to close at $1.43 on Wednesday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1"> trend in Vivakor stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="916" height="837" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070512/image-150.png" alt="" class="wp-image-555846" style="width:657px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070512/image-150.png 916w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070512/image-150-300x274.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070512/image-150-768x702.png 768w" sizes="(max-width: 916px) 100vw, 916px" /></a></figure>
<h3 class="wp-block-heading">Crown LNG Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGBS#NASDAQ">CGBS</a>)</h3>
<ul>
<li>On Sept. 17, Crown LNG announced it received a Nasdaq notification regarding Nasdaq listing rule 5550(a)(2) for failing to meet its minimum bid requirements. The company's shares fell around 45% over the past month and has a 52-week<a href="https://www.benzinga.com/quote/GGR"> low of $0.26</a>.</li>
<li>RSI Value: 22.60</li>
<li>CGBS Price Action: Shares of Crown LNG Holdings fell 10.6% to close at $0.26 on Wednesday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1">breakout in Crown LNG Holdings share</a>s. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="892" height="847" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070540/image-151.png" alt="" class="wp-image-555848" style="width:602px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070540/image-151.png 892w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070540/image-151-300x285.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070540/image-151-768x729.png 768w" sizes="(max-width: 892px) 100vw, 892px" /></a></figure>
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Gran Tierra Energy shares are trading lower after the company announced the acquisition of Snap i3 Energy for $225.4 million in a cash and stock transaction.

The Boards of Gran Tierra and i3 Energy are pleased to announce that they have reached agreement on the terms of a recommended and final&#x2A; cash and share offer by Gran Tierra for i3 Energy pursuant to which Gran Tierra will acquire the entire issued and to be issued share capital of i3 Energy (the "Acquisition"), intended to be effected by means of a court sanctioned scheme of arrangement between i3 Energy and the i3 Energy Shareholders under Part 26 of the Companies Act (the "Scheme").
Under the terms of the Acquisition, each i3 Energy Shareholder will be entitled to receive:
<ul>
<li>one New Gran Tierra Share per every 207 i3 Energy Shares held; and</li>
<li>10.43 pence cash per i3 Energy Share,</li>
</ul>
(together, the "Consideration")
In addition, each i3 Energy Shareholder will be entitled to receive:
<ul>
<li>a cash dividend of 0.2565 pence per i3 Energy Share in lieu of the ordinary dividend in respect of the three month period ending 30 September 2024 (the "Acquisition Dividend")</li>
</ul>
Based on Gran Tierra's closing price of US$8.66 per Gran Tierra Share on the NYSE American on 16 August 2024 (being the last Business Day before the Offer Period began), the Acquisition implies a value of 13.92 pence per i3 Energy Share and approximately £174.1 million (US$225.4 million) for the entire issued and to be issued share capital of i3 Energy which represents:
(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a premium of 49.0 per cent. to the Closing Price of 9.34 pence per i3 Energy Share on 16 August 2024;
(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a premium of 49.7 per cent. to the volume weighted average price of 9.30 pence per i3 Energy Share for the 30-day period ended 16 August 2024;
(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a premium of 43.6 per cent. to the volume weighted average price of 9.70 pence per i3 Energy Share for the 60-day period ended 16 August 2024; and
(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a premium of 37.5 per cent. to the volume weighted average price of 10.12 pence per i3 Energy Share for the 180-day period ended 16 August 2024.

Gran Tierra Energy To Snap i3 Energy For $225.4M, Implying A Premium Of 49%

RBC Capital analyst Greg Pardy reiterates Gran Tierra Energy (TSX:<a class="ticker" href="https://www.benzinga.com/stock/GTE#TSX">GTE</a>) with a Sector Perform and maintains C$11 price target.

RBC Capital Reiterates Sector Perform on Gran Tierra Energy, Maintains C$11 Price Target

Gran Tierra Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GTE#AMEX">GTE</a>) reported quarterly earnings of $1.16 per share. The company reported $165.609 million in sales this quarter. This is a 4.88 percent increase over sales of $157.902 million the same period last year.

Gran Tierra Energy Q2 2024 GAAP EPS $1.16, Sales $165.609M Up From $157.902M YoY

Gran Tierra Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GTE#AMEX">GTE</a>) reported $157.58 million in sales this quarter. This is a 9.28 percent increase over sales of $144.19 million the same period last year.

Gran Tierra Energy Q1 Sales $157.58M Up From $144.19M YoY

RBC Capital analyst Luke Davis maintains Gran Tierra Energy (TSX:<a class="ticker" href="https://www.benzinga.com/stock/GTE#TSX">GTE</a>) with a Sector Perform and raises the price target from C$9 to C$10.

RBC Capital Maintains Sector Perform on Gran Tierra Energy, Raises Price Target to C$10

ABCL

ADEA

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Earnings Scheduled For February 20, 2024

Gran Tierra Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GTE#AMEX">GTE</a>) reported quarterly losses of $(0.23) per share.

Gran Tierra Energy Q4 2023 GAAP EPS $(0.23)

Gran Tierra Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GTE#AMEX">GTE</a>) is set to give its latest quarterly earnings report on Tuesday, 2024-02-20. Here's what investors need to know before the announcement.
Analysts estimate that Gran Tierra Energy will report an earnings per share (EPS) of $-0.13. 
Gran Tierra Energy bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.65, which was followed by a 6.37% increase in the share price the next day.
Here's a look at Gran Tierra Energy's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.45</td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.20</td>
<td>-0.33</td>
<td>-0.3</td>
<td>0.9</td>
</tr>
<tr>
<td>Price Change %</td>
<td>6.37%</td>
<td>-5.59%</td>
<td>-13.5%</td>
<td>6.18%</td>
</tr>
</tbody>
</table>

<h3>Stock Performance</h3>
Shares of Gran Tierra Energy were trading at $5.34 as of February 15. Over the last 52-week period, shares are down 35.68%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<a href="https://www.benzinga.com/quote/GTE/earnings">To track all earnings releases for Gran Tierra Energy visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For Gran Tierra Energy

Gran Tierra Energy ( ($GTE) ) has provided an update. Gran Tierra Energy Inc. has announced a normal course issuer bid (NCIB) allowing the company ...

Gran Tierra Energy Initiates Share Repurchase Program under NCIB

Gran Tierra Energy ( ($GTE) ) has provided an update. Gran Tierra Energy Inc. has announced recent transactions involving the acquisition of common...

Gran Tierra Energy's Management Acquires Shares

Sees FY25 capex $240M-$280M and expected cash flow of $260M-$300M. Published first on TheFly – the ultimate source for real-time, market-moving bre...

Gran Tierra sees FY25 EBITDA $380M-$420M

Gary Guidry, CEO, commented: "Following up on a strong 2024, which included a very successful exploration campaign and a new country entry into Can...

Gran Tierra sees FY25 production 47K-53K BOE per day

Gran Tierra Energy ( ($GTE) ) just unveiled an update. Gran Tierra Energy Inc. has reported a significant growth in its reserves for the sixth cons...

Gran Tierra Energy Reports Record High Reserves and Robust Growth

Gran Tierra Energy ( ($GTE) ) has provided an announcement. Gran Tierra Energy has announced its 2025 capital budget and operational outlook, forec...

Gran Tierra Energy Unveils Ambitious 2025 Growth Strategy with Focus on Exploration and Shareholder Returns

Gran Tierra sees FY25 production 47K-53K BOE per day; FY25 EBITDA $380M-$420M

Canaccord Genuity analyst Mike Mueller maintained a Buy rating on Gran Tierra Energy (GTE – Research Report) today and set a price target of C$12.0...

Gran Tierra Energy: Buy Rating Reaffirmed Amid Strong Strategic Initiatives and Positive Financial Outlook

Trump's big oil production plans will face pushback from Wall Street

Gran Tierra Energy: Entry Into Canada Should Result In More Recognition

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Press Releases

Gran Tierra Energy Inc. Announces Closing of an Additional $150 Million Aggregate Principal Amount of its 9.500% Senior Secured Amortizing Notes due 2029

Gran Tierra Energy Inc.'s Acquisition of i3 Energy Approved by i3 Energy Shareholders

Gran Tierra Energy Inc. Provides Release Date for its 2024 Third Quarter Results and Details of Conference Call and Webcast

Scheme of Arrangement for Acquisition of i3 Energy plc Becomes Effective

Gran Tierra Energy Inc. Reports Third Quarter 2024 Results and Announces its Sixth Consecutive Ecuador Oil Discovery from the Charapa-B7 Well

Gran Tierra Energy Inc. Announces Normal Course Issuer Bid and Automatic Share Purchase Plan

General

Gran Tierra Energy Inc. Announces Exploration Success in Ecuador and Strategic Joint Venture Transaction and Partnership to Accelerate Value in High-Impact Canadian Montney Oil Play with Logan Energy Corp.

Gran Tierra Energy Inc. Announces Closing of Strategic Joint Venture Transaction and Partnership with Logan Energy Corp. to Accelerate Value in High-Impact Canadian Montney Oil Play

Gran Tierra Energy Inc. Announces 2025 Guidance and Operations Update

Gran Tierra Energy Inc. Reports Robust Reserves Replacement and Record High Reserves

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