Gran Tierra Energy (GTE) Stock Price, News & Analysis

Company Overview

Gran Tierra Energy Inc. is an international oil and gas exploration and production company, headquartered in Calgary, Canada, incorporated and traded in the United States and operating in South America. Gran Tierra Energy holds interests in producing and prospective properties in Argentina, Colombia and Peru. The company strategy is focused on establishing a portfolio of drilling opportunities to exploit undeveloped reserves to grow production, as well as undertaking exploration to grow future reserves.

Key Stats

• Today's Range: $6.18 to $6.43
• 50-Day Range: $5.83 to $10.05
• 52-Week Range: $4.72 to $10.40
• Volume: 386,710 shs
• Average Volume: 346,523 shs
• Market Capitalization: $199.58 million
• P/E Ratio: 63.71
• Dividend Yield: N/A
• Price Target: $10.00
• Consensus Rating: Hold

Gran Tierra Energy Stock Analysis - MarketRank™

Gran Tierra Energy scored higher than 55% of companies evaluated by MarketBeat, and ranked 165th out of 253 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Gran Tierra Energy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Gran Tierra Energy has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Gran Tierra Energy is 63.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.91.

Price to Earnings Ratio vs. Sector

The P/E ratio of Gran Tierra Energy is 63.71, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 11.38.

Price to Book Value per Share Ratio

Gran Tierra Energy has a P/B Ratio of 0.52. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for GTE.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Gran Tierra Energy does not currently pay a dividend.

Dividend Growth

Gran Tierra Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for GTE.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.01

News Sentiment

Gran Tierra Energy has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Gran Tierra Energy this week, compared to 2 articles on an average week.

Search Interest

3 people have searched for GTE on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Gran Tierra Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Gran Tierra Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $334,850.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 6.45% of the stock of Gran Tierra Energy is held by insiders.

Percentage Held by Institutions

Only 31.70% of the stock of Gran Tierra Energy is held by institutions.

GTE Stock Analysis - Frequently Asked Questions

How have GTE shares performed this year?

Gran Tierra Energy's stock was trading at $9.24 at the beginning of 2024. Since then, GTE shares have decreased by 31.1% and is now trading at $6.37.
View the best growth stocks for 2024 here.

How were Gran Tierra Energy's earnings last quarter?

Gran Tierra Energy Inc. (NYSE:GTE) posted its quarterly earnings data on Wednesday, July, 31st. The company reported $1.16 earnings per share (EPS) for the quarter. The business earned $165.61 million during the quarter. Gran Tierra Energy had a net margin of 7.68% and a trailing twelve-month return on equity of 12.60%.

When did Gran Tierra Energy's stock split?

Shares of Gran Tierra Energy reverse split before market open on Friday, May 5th 2023. The 1-10 reverse split was announced on Friday, May 5th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, May 5th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are Gran Tierra Energy's major shareholders?

Gran Tierra Energy's top institutional shareholders include Equinox Partners Investment Management LLC (2.55%), Renaissance Technologies LLC (2.49%), American Century Companies Inc. (2.32%) and Main Street Financial Solutions LLC (1.44%). Insiders that own company stock include Gary Guidry, Ryan Ellson and Ronald Royal.
View institutional ownership trends.

How do I buy shares of Gran Tierra Energy?

Shares of GTE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Gran Tierra Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Gran Tierra Energy investors own include Kosmos Energy (KOS), ADMA Biologics (ADMA), Ambev (ABEV), Akebia Therapeutics (AKBA), Permian Resources (CDEV).

Company Calendar

• Last Earnings: 7/31/2024
• Today: 9/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:GTE
• CUSIP: N/A
• CIK: 1273441
• Web: www.grantierra.com
• Phone: 403-265-3221
• Fax: 403-265-3242
• Employees: 340
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $10.00
• High Stock Price Target: $10.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: +57.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.10
• Trailing P/E Ratio: 63.71
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-6,290,000.00
• Net Margins: 7.68%
• Pretax Margin: 15.91%
• Return on Equity: 12.60%
• Return on Assets: 3.68%

Debt

• Debt-to-Equity Ratio: 1.38
• Current Ratio: 0.75
• Quick Ratio: 0.63

Sales & Book Value

• Annual Sales: $658.05 million
• Price / Sales: 0.30
• Cash Flow: $7.24 per share
• Price / Cash Flow: 0.88
• Book Value: $12.29 per share
• Price / Book: 0.52

Miscellaneous

• Outstanding Shares: 31,332,000
• Free Float: 29,311,000
• Market Cap: $199.58 million
• Optionable: N/A
• Beta: 1.56