OverviewSuggest Edit

Gran Tierra Energy is an independent international energy company engaged in oil and gas acquisition, exploration, development and production. The Company focuses on onshore oil and gas properties in Colombia and also owns rights to oil and gas properties in Brazil and Peru.

TypePublic
Founded2003
HQCalgary, CA
Websitegrantierra.com
Employee Ratings3.2

Latest Updates

Employees (est.) (Dec 2018)334(+4%)
Revenue (FY, 2017)$421.7 M(+46%)
Share Price (Sep 2019)$1.4 (-4%)

Key People/Management at Gran Tierra Energy

Gary Guidry

Gary Guidry

President and Chief Executive Officer
Ryan Ellson

Ryan Ellson

CFO
Jim Evans

Jim Evans

Vice President, Corporate Services
Alan Johnson

Alan Johnson

Vice President, Asset Management
Lawrence West

Lawrence West

Vice President, Exploration
Ed Caldwell

Ed Caldwell

Vice President, Health, Safety and Environment & Corporate Social Responsibility
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Gran Tierra Energy Office Locations

Gran Tierra Energy has offices in Calgary, Bogotá and Ciudad de México
Calgary, CA (HQ)
520 3 Ave SW #900
Bogotá, CO
Cl. 113 #7-80
Ciudad de México, MX
Andrés Bello 10, Polanco, Polanco IV Secc
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Gran Tierra Energy Financials and Metrics

Gran Tierra Energy Revenue

Gran Tierra Energy's revenue was reported to be $421.73 m in FY, 2017
USD

Revenue (Q2, 2019)

158.0m

Net income (Q2, 2019)

38.5m

Market capitalization (24-Sep-2019)

516.8m

Closing stock price (24-Sep-2019)

1.4

Cash (30-Jun-2019)

147.7m

EV

1.1b
Gran Tierra Energy's current market capitalization is $516.8 m.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

374.5m606.6m606.6m720.5m559.4m276.0m289.3m421.7m

General and administrative expense

40.2m60.4m58.9m53.4m51.2m32.4m33.2m39.0m39.5m

Operating expense total

40.2m60.4m68.2m53.4m51.2m32.4m33.2m39.0m39.5m

EBIT

(144.3m)(268.0m)(465.6m)
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

84.1m84.6m122.5m162.1m151.0m131.7m114.5m168.6m204.8m168.2m189.0m168.5m147.9m161.5m76.2m69.4m75.7m57.4m71.7m68.5m94.7m96.1m103.8m138.2m163.4m152.6m158.0m

General and administrative expense

9.6m11.0m13.6m16.4m16.3m15.9m17.6m12.9m11.4m11.7m14.7m15.2m13.9m13.4m7.3m10.3m7.9m8.8m8.0m5.6m8.7m9.5m8.7m11.2m13.2m13.8m9.6m8.6m

Operating expense total

9.6m11.0m13.6m16.4m16.3m15.9m17.6m12.9m15.8m11.7m14.7m15.2m13.9m13.4m7.3m10.3m7.9m8.8m8.0m5.6m8.7m9.5m8.7m11.2m13.2m13.8m9.6m8.6m

EBIT

31.5m44.2m(44.9m)(38.6m)(101.9m)
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

37.2m126.9m99.7m126.3m(171.3m)(268.0m)(465.6m)(31.7m)102.6m

Depreciation and Amortization

163.5m168.0m

Inventories

(1.2m)(548.0k)(18.2m)13.9m(2.9m)(1.6m)5.5m(78.0k)(2.1m)

Accounts Payable

(3.2m)19.9m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

27.3m24.1m13.7m31.6m49.1m(313.0k)12.8m57.4m57.9m105.7m138.8m45.1m54.3m98.5m(44.9m)(83.4m)(185.3m)(45.0m)(108.6m)(338.2m)12.8m6.0m9.1m17.9m38.2m113.5m2.0m40.5m

Depreciation and Amortization

72.0m107.2m63.4m42.6m77.8m120.8m54.6m113.6m

Inventories

487.0k(1.0k)736.0k(4.5m)(13.5m)(9.8m)11.6m13.6m12.4m(318.0k)(9.3m)(1.7m)2.2m(7.7m)1.6m4.3m4.4m3.6m207.0k(47.0k)(28.0k)(1.8m)(3.1m)(3.4m)(1.7m)(1.4m)

Accounts Payable

(14.2m)(8.4m)(22.8m)(34.0m)(28.6m)(26.0m)
USDY, 2019

EV/CFO

11.4 x

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

1.9 x
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Gran Tierra Energy Online and Social Media Presence

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Gran Tierra Energy News and Updates

Gran Tierra Energy Inc. Announces Third Quarter 2019 Results

Substantial Completion of Major Capital Investments in Development Projects

Gran Tierra Energy Inc. Announces Second Quarter 2019 Results Highlighted by $39 Million of Net Income and Success in New Zone at Acordionero

CALGARY, Alberta, Aug. 07, 2019 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. ("Gran Tierra" or the "Company") (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced the Company's financial and operating results for the quarter ended June 30, 2019 ("the Quarter"). All dollar amounts are in United Sta…

Gran Tierra Energy Inc. Announces Results of Offer to Purchase all of its Issued and Outstanding 5.00% Convertible Senior Notes due 2021

CALGARY, Alberta, July 12, 2019 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American: GTE)(TSX:GTE)(LSE:GTE) today announced the final results of its previously announced issuer bid (the “Offer”) to purchase for cancellation all of the issued and outstanding …

Gran Tierra Energy Inc. Announces Offer to Purchase all of its Issued and Outstanding 5.00% Convertible Senior Notes due 2021

CALGARY, Alberta, June 04, 2019 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American: GTE)(TSX:GTE)(LSE:GTE) today announces that its board of directors (the “Board”) has approved an issuer bid (the “Offer”) pursuant to which the Company will offer to purchas…

Gran Tierra Energy Inc. Announces Formal Signing of Ecuador Blocks

CALGARY, Alberta, May 22, 2019 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) is pleased to announce that the Company has officially signed Participation Contracts (“Contracts”) for three blocks located in Ecuador. The three block…

Gran Tierra Energy Inc. Announces Pricing of $300 Million 7.750% Senior Notes Offering

CALGARY, Alberta, May 20, 2019 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced that it has priced its offering of $300 million aggregate principal amount of 7.750% Senior Notes due 2027 (the “Notes”) in a private placement to qual…
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Gran Tierra Energy Frequently Asked Questions

  • When was Gran Tierra Energy founded?

    Gran Tierra Energy was founded in 2003.

  • Who are Gran Tierra Energy key executives?

    Gran Tierra Energy's key executives are Gary Guidry, Ryan Ellson and Jim Evans.

  • How many employees does Gran Tierra Energy have?

    Gran Tierra Energy has 334 employees.

  • Who are Gran Tierra Energy competitors?

    Competitors of Gran Tierra Energy include Petro River Oil, Halcon Resources and Energen.

  • Where is Gran Tierra Energy headquarters?

    Gran Tierra Energy headquarters is located at 520 3 Ave SW #900, Calgary.

  • Where are Gran Tierra Energy offices?

    Gran Tierra Energy has offices in Calgary, Bogotá and Ciudad de México.

  • How many offices does Gran Tierra Energy have?

    Gran Tierra Energy has 4 offices.