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

Company Overview

Gran Tierra Energy Inc is an independent energy company. It is engaged in the acquisition, exploration, development, and production of oil and gas properties in proven, under-explored hydrocarbon basins that have access to established infrastructure. The firm produces primarily 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 has a strategy that focuses on establishing a portfolio of producing properties, plus production enhancement and exploration opportunities to provide a base for future growth.

Key Stats

• Today's Range: C$9.21 to C$9.47
• 50-Day Range: C$8.44 to C$9.78
• 52-Week Range: C$6.36 to C$14.23
• Volume: 17,118 shs
• Average Volume: 43,242 shs
• Market Capitalization: C$286.88 million
• P/E Ratio: 4.35
• Dividend Yield: 16.23%
• Price Target: C$10.75
• Consensus Rating: Moderate Buy

Gran Tierra Energy Stock Analysis - MarketRank™

Gran Tierra Energy scored higher than 70% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Gran Tierra Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Gran Tierra Energy has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Gran Tierra Energy is 4.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.50.

Price to Earnings Ratio vs. Sector

The P/E ratio of Gran Tierra Energy is 4.35, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 108.84.

Price to Earnings Growth Ratio

Gran Tierra Energy has a PEG Ratio of 0.23. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Gran Tierra Energy has a P/B Ratio of 0.69. 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: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Gran Tierra Energy is a leading dividend payer. It pays a dividend yield of 16.23%, putting its dividend yield in the top 25% of dividend-paying stocks.

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: 3.1 / 5
• News Sentiment: 1.53

News Sentiment

Gran Tierra Energy has a news sentiment score of 1.53. 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 0.45 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Gran Tierra Energy this week, compared to 0 articles on an average week.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, Gran Tierra Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$193,081.00 in company stock.

Percentage Held by Insiders

Only 3.32% of the stock of Gran Tierra Energy is held by insiders.

Percentage Held by Institutions

50.90% of the stock of Gran Tierra Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GTE Stock Analysis - Frequently Asked Questions

How have GTE shares performed this year?

Gran Tierra Energy's stock was trading at C$7.44 on January 1st, 2024. Since then, GTE shares have increased by 25.8% and is now trading at C$9.36.
View the best growth stocks for 2024 here.

How were Gran Tierra Energy's earnings last quarter?

Gran Tierra Energy Inc. (TSE:GTE) announced its quarterly earnings results on Thursday, November, 2nd. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.40. The company's quarterly revenue was up 51.4% compared to the same quarter last year.

When did Gran Tierra Energy's stock split?

Gran Tierra Energy's stock reverse split on Sunday, May 7th 2023. The 1-10 reverse split was announced on Sunday, May 7th 2023. The number of shares owned by shareholders was adjusted after the market closes on Sunday, May 7th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of Gran Tierra Energy?

Shares of GTE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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 Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH) and Aegean Marine Petroleum Network (ANW).

Company Calendar

• Last Earnings: 11/02/2017
• Today: 12/18/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: TSE:GTE
• CUSIP: N/A
• CIK: N/A
• Web: www.grantierra.com
• Phone: +1-403-2653221
• Fax: N/A
• Employees: 340
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$10.75
• High Stock Price Target: C$12.00
• Low Stock Price Target: C$9.50
• Potential Upside/Downside: +14.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$2.15
• Trailing P/E Ratio: 4.35
• Forward P/E Ratio: 85.71
• P/E Growth: 0.23
• Net Income: C$50.53 million
• Net Margins: 7.68%
• Pretax Margin: N/A
• Return on Equity: 12.50%
• Return on Assets: 8.16%

Debt

• Debt-to-Equity Ratio: 147.61
• Current Ratio: 0.75
• Quick Ratio: 0.58

Sales & Book Value

• Annual Sales: C$658.05 million
• Price / Sales: 0.44
• Cash Flow: C$2.47 per share
• Price / Cash Flow: 3.79
• Book Value: C$13.57 per share
• Price / Book: 0.69

Miscellaneous

• Outstanding Shares: 30,650,000
• Free Float: N/A
• Market Cap: C$286.88 million
• Optionable: Not Optionable
• Beta: 1.57