Gran Tierra Energy Past Earnings Performance
Past criteria checks 2/6
Gran Tierra Energy has been growing earnings at an average annual rate of 31.3%, while the Oil and Gas industry saw earnings growing at 39.4% annually. Revenues have been growing at an average rate of 7.5% per year. Gran Tierra Energy's return on equity is 0.9%, and it has net margins of 0.5%.
Key information
31.3%
Earnings growth rate
31.7%
EPS growth rate
| Oil and Gas Industry Growth | 42.1% |
| Revenue growth rate | 7.5% |
| Return on equity | 0.9% |
| Net Margin | 0.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Gran Tierra Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 650 | 3 | 46 | 0 |
| 31 Dec 23 | 637 | -6 | 46 | 0 |
| 30 Sep 23 | 645 | 19 | 43 | 0 |
| 30 Jun 23 | 633 | 51 | 41 | 0 |
| 31 Mar 23 | 681 | 115 | 41 | 0 |
| 31 Dec 22 | 711 | 139 | 41 | 0 |
| 30 Sep 22 | 695 | 168 | 41 | 0 |
| 30 Jun 22 | 662 | 165 | 39 | 0 |
| 31 Mar 22 | 553 | 94 | 38 | 0 |
| 31 Dec 21 | 474 | 42 | 36 | 0 |
| 30 Sep 21 | 392 | -68 | 35 | 0 |
| 30 Jun 21 | 310 | -211 | 33 | 0 |
| 31 Mar 21 | 247 | -564 | 30 | 0 |
| 31 Dec 20 | 238 | -778 | 25 | 0 |
| 30 Sep 20 | 301 | -703 | 25 | 0 |
| 30 Jun 20 | 380 | -624 | 28 | 0 |
| 31 Mar 20 | 504 | -215 | 31 | 0 |
| 31 Dec 19 | 571 | 39 | 37 | 0 |
| 30 Sep 19 | 580 | 1 | 28 | 0 |
| 30 Jun 19 | 622 | 105 | 34 | 0 |
| 31 Mar 19 | 628 | 87 | 38 | 0 |
| 31 Dec 18 | 613 | 103 | 39 | 0 |
| 30 Sep 18 | 604 | 73 | 49 | 0 |
| 30 Jun 18 | 533 | 0 | 44 | 0 |
| 31 Mar 18 | 465 | -27 | 41 | 0 |
| 31 Dec 17 | 422 | -32 | 39 | 0 |
| 30 Sep 17 | 386 | -118 | 39 | 0 |
| 30 Jun 17 | 351 | -351 | 36 | 0 |
| 31 Mar 17 | 327 | -408 | 35 | 0 |
| 31 Dec 16 | 289 | -466 | 33 | 0 |
| 30 Sep 16 | 252 | -421 | 28 | 0 |
| 30 Jun 16 | 260 | -293 | 32 | 0 |
| 31 Mar 16 | 257 | -268 | 35 | 0 |
| 31 Dec 15 | 276 | -268 | 32 | 0 |
| 30 Sep 15 | 320 | -455 | 39 | 0 |
| 30 Jun 15 | 406 | -309 | 42 | 0 |
| 31 Mar 15 | 485 | -239 | 46 | 0 |
| 31 Dec 14 | 559 | -144 | 51 | 0 |
| 30 Sep 14 | 600 | 157 | 51 | 0 |
| 30 Jun 14 | 609 | 153 | 50 | 0 |
| 31 Mar 14 | 612 | 171 | 45 | 0 |
| 31 Dec 13 | 647 | 181 | 41 | 0 |
| 30 Sep 13 | 652 | 192 | 42 | 0 |
| 30 Jun 13 | 650 | 196 | 43 | 0 |
Quality Earnings: GTE has high quality earnings.
Growing Profit Margin: GTE's current net profit margins (0.5%) are lower than last year (16.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GTE has become profitable over the past 5 years, growing earnings by 31.3% per year.
Accelerating Growth: GTE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GTE had negative earnings growth (-97.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (-42.4%).
Return on Equity
High ROE: GTE's Return on Equity (0.9%) is considered low.