AMEX:GTE

Stock Analysis Report

Executive Summary

Gran Tierra Energy Inc., together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia.

Snowflake

Fundamentals

Very undervalued with solid track record.

Risks

  • Gran Tierra Energy has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Gran Tierra Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-5.1%

AMEX:GTE

-1.0%

US Oil and Gas

0.2%

US Market


1 Year Return

-61.0%

AMEX:GTE

-22.7%

US Oil and Gas

-0.7%

US Market

GTE underperformed the Oil and Gas industry which returned -21.5% over the past year.

GTE underperformed the Market in United States of America which returned 0.3% over the past year.


Share holder returns

GTEIndustryMarket
7 Day-5.1%-1.0%0.2%
30 Day-19.9%-8.5%-2.7%
90 Day-34.2%-9.5%1.6%
1 Year-61.0%-61.0%-19.9%-22.7%1.6%-0.7%
3 Year-56.1%-56.1%-7.1%-15.4%40.0%30.9%
5 Year-80.8%-80.8%-33.5%-42.5%53.8%36.8%

Price Volatility Vs. Market

How volatile is Gran Tierra Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Gran Tierra Energy undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Gran Tierra Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).

Gran Tierra Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Gran Tierra Energy is good value based on earnings compared to the US Oil and Gas industry average.

Gran Tierra Energy is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Gran Tierra Energy is good value based on expected growth next year.


Price Based on Value of Assets

Gran Tierra Energy is good value based on assets compared to the US Oil and Gas industry average.


Next Steps

Future Growth

How is Gran Tierra Energy expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

12.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Gran Tierra Energy's revenue is expected to grow by 11.2% yearly, however this is not considered high growth (20% yearly).

Gran Tierra Energy's earnings are expected to grow by 12.8% yearly, however this is not considered high growth (20% yearly).

Gran Tierra Energy's revenue growth is expected to exceed the United States of America market average.

Gran Tierra Energy's earnings growth is positive but not above the United States of America market average.

Gran Tierra Energy's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Gran Tierra Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Gran Tierra Energy performed over the past 5 years?

20.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Gran Tierra Energy has delivered over 20% year on year earnings growth in the past 5 years.

Gran Tierra Energy's 1-year earnings growth exceeds its 5-year average (21367.1% vs 20.3%)

Gran Tierra Energy's earnings growth has exceeded the US Oil and Gas industry average in the past year (21367.1% vs 22.6%).


Return on Equity

Gran Tierra Energy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Gran Tierra Energy used its assets more efficiently than the US Oil and Gas industry average last year based on Return on Assets.


Return on Capital Employed

Gran Tierra Energy has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is Gran Tierra Energy's financial position?


Financial Position Analysis

Gran Tierra Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Gran Tierra Energy's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Gran Tierra Energy's level of debt (65.9%) compared to net worth is high (greater than 40%).

Unable to establish if Gran Tierra Energy's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (35.7%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 5.1x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.5x debt.


Next Steps

Dividend

What is Gran Tierra Energy's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Gran Tierra Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Gran Tierra Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Gran Tierra Energy has not reported any payouts.

Unable to verify if Gran Tierra Energy's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Gran Tierra Energy has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Gran Tierra Energy's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Gran Tierra Energy's salary, the management and board of directors tenure and is there insider trading?

3.2yrs

Average management tenure


CEO

Greg Guidry (63yo)

4.3yrs

Tenure

US$1,601,554

Compensation

Mr. Gary Stephen Guidry, also known as Greg, P.Eng. has been the Chief Executive Officer and President of Gran Tierra Energy, Inc. since May 7, 2015. Mr. Guidry has been Executive Director at Caracal Energ ...


CEO Compensation Analysis

Greg's remuneration is about average for companies of similar size in United States of America.

Greg's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.2yrs

Average Tenure

57yo

Average Age

The tenure for the Gran Tierra Energy management team is about average.


Board Age and Tenure

4.2yrs

Average Tenure

64.5yo

Average Age

The tenure for the Gran Tierra Energy board of directors is about average.


Insider Trading

More shares have been bought than sold by Gran Tierra Energy individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$265,48315 Aug 19
Brooke Wade
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares185,000
Max PriceUS$1.44
BuyUS$16,10020 Jun 19
Robert Hodgins
EntityIndividual
Role
Chairman of the Board
Chairman
Shares10,000
Max PriceUS$1.61
BuyUS$29,62420 Jun 19
Ryan Ellson
EntityIndividual
Role
Chief Financial Officer
CFO & Executive VP of Finance
Shares18,400
Max PriceUS$1.61
BuyUS$150,45010 May 19
Thomas Claugus
EntityIndividual
Shares69,100
Max PriceUS$2.18
BuyUS$3,265,90710 May 19
GMT Capital Corp.
EntityCompany
Shares1,500,000
Max PriceUS$2.18
BuyUS$888,18109 May 19
GMT Capital Corp.
EntityCompany
Shares409,300
Max PriceUS$2.17
BuyUS$40,79609 May 19
Thomas Claugus
EntityIndividual
Shares18,800
Max PriceUS$2.17
BuyUS$2,377,72608 May 19
GMT Capital Corp.
EntityCompany
Shares1,090,700
Max PriceUS$2.18
BuyUS$109,65408 May 19
Thomas Claugus
EntityIndividual
Shares50,300
Max PriceUS$2.18
BuyUS$36,40815 Apr 19
Thomas Claugus
EntityIndividual
Shares14,800
Max PriceUS$2.46
BuyUS$793,59615 Apr 19
GMT Capital Corp.
EntityCompany
Shares322,600
Max PriceUS$2.46
BuyUS$36,40812 Apr 19
Thomas Claugus
EntityIndividual
Shares14,800
Max PriceUS$2.46
BuyUS$793,59612 Apr 19
GMT Capital Corp.
EntityCompany
Shares322,600
Max PriceUS$2.46
BuyUS$10,95610 Apr 19
Thomas Claugus
EntityIndividual
Shares4,400
Max PriceUS$2.49
BuyUS$238,04410 Apr 19
GMT Capital Corp.
EntityCompany
Shares95,600
Max PriceUS$2.49
BuyUS$625,51204 Apr 19
Thomas Claugus
EntityIndividual
Shares264,800
Max PriceUS$2.51
BuyUS$1,040,60004 Apr 19
GMT Exploration Company LLC
EntityCompany
Shares430,000
Max PriceUS$2.42
BuyUS$13,589,36304 Apr 19
GMT Capital Corp.
EntityCompany
Shares5,750,000
Max PriceUS$2.51
BuyUS$53,93102 Apr 19
Thomas Claugus
EntityIndividual
Shares23,000
Max PriceUS$2.35
BuyUS$1,172,40302 Apr 19
GMT Capital Corp.
EntityCompany
Shares500,000
Max PriceUS$2.35
BuyUS$36,73828 Mar 19
Thomas Claugus
EntityIndividual
Shares15,700
Max PriceUS$2.34
BuyUS$793,96228 Mar 19
GMT Capital Corp.
EntityCompany
Shares339,300
Max PriceUS$2.34
BuyUS$96,66626 Mar 19
Thomas Claugus
EntityIndividual
Shares41,900
Max PriceUS$2.34
BuyUS$2,101,03826 Mar 19
GMT Capital Corp.
EntityCompany
Shares910,700
Max PriceUS$2.34
BuyUS$33,83922 Mar 19
Thomas Claugus
EntityIndividual
Shares13,700
Max PriceUS$2.47
BuyUS$732,02922 Mar 19
GMT Capital Corp.
EntityCompany
Shares296,368
Max PriceUS$2.47
BuyUS$1,766,11620 Mar 19
GMT Capital Corp.
EntityCompany
Shares703,632
Max PriceUS$2.51
BuyUS$81,32420 Mar 19
Thomas Claugus
EntityIndividual
Shares32,400
Max PriceUS$2.51
BuyUS$55,59219 Mar 19
Thomas Claugus
EntityIndividual
Shares23,000
Max PriceUS$2.50
BuyUS$1,208,45619 Mar 19
GMT Capital Corp.
EntityCompany
Shares500,000
Max PriceUS$2.50
BuyUS$797,15213 Mar 19
GMT Capital Corp.
EntityCompany
Shares343,600
Max PriceUS$2.32
BuyUS$36,65613 Mar 19
Thomas Claugus
EntityIndividual
Shares15,800
Max PriceUS$2.32
BuyUS$359,72012 Mar 19
GMT Capital Corp.
EntityCompany
Shares156,400
Max PriceUS$2.30
BuyUS$16,56012 Mar 19
Thomas Claugus
EntityIndividual
Shares7,200
Max PriceUS$2.30
BuyUS$27,72008 Mar 19
Lawrence West
EntityIndividual
Role
Senior Key Executive
Vice President of Exploration
Shares12,000
Max PriceUS$2.31
BuyUS$39,31204 Mar 19
Rodger Trimble
EntityIndividual
Role
Head of Investor Relations
Vice President of Investor Relations
Shares16,800
Max PriceUS$2.34
BuyUS$52,90026 Feb 19
Thomas Claugus
EntityIndividual
Shares23,000
Max PriceUS$2.30
BuyUS$1,150,00026 Feb 19
GMT Capital Corp.
EntityCompany
Shares500,000
Max PriceUS$2.30
BuyUS$270,74625 Feb 19
GMT Capital Corp.
EntityCompany
Shares116,200
Max PriceUS$2.33
BuyUS$12,58225 Feb 19
Thomas Claugus
EntityIndividual
Shares5,400
Max PriceUS$2.33
BuyUS$93,61022 Feb 19
Thomas Claugus
EntityIndividual
Shares40,700
Max PriceUS$2.30
BuyUS$2,032,74022 Feb 19
GMT Capital Corp.
EntityCompany
Shares883,800
Max PriceUS$2.30
BuyUS$55,43020 Feb 19
Thomas Claugus
EntityIndividual
Shares23,000
Max PriceUS$2.41
BuyUS$1,205,00020 Feb 19
GMT Capital Corp.
EntityCompany
Shares500,000
Max PriceUS$2.41
BuyUS$1,348,20029 Jan 19
GMT Exploration Company LLC
EntityCompany
Shares630,000
Max PriceUS$2.14
SellUS$474,00025 Jan 19
GMT Exploration Company LLC
EntityCompany
Shares200,000
Max PriceUS$2.37
BuyUS$24,39602 Jan 19
Thomas Claugus
EntityIndividual
Shares11,400
Max PriceUS$2.14
BuyUS$766,12002 Jan 19
GMT Exploration Company LLC
EntityCompany
Shares358,000
Max PriceUS$2.14
BuyUS$500,74702 Jan 19
GMT Capital Corp.
EntityCompany
Shares233,994
Max PriceUS$2.14
BuyUS$728,85626 Dec 18
GMT Capital Corp.
EntityCompany
Shares266,006
Max PriceUS$2.74
BuyUS$35,62026 Dec 18
Thomas Claugus
EntityIndividual
Shares13,000
Max PriceUS$2.74
BuyUS$20,36805 Dec 18
Thomas Claugus
EntityIndividual
Shares7,600
Max PriceUS$2.68
BuyUS$419,95605 Dec 18
GMT Capital Corp.
EntityCompany
Shares156,700
Max PriceUS$2.68
BuyUS$46,03204 Dec 18
Thomas Claugus
EntityIndividual
Shares16,800
Max PriceUS$2.74
BuyUS$940,64204 Dec 18
GMT Capital Corp.
EntityCompany
Shares343,300
Max PriceUS$2.74
BuyUS$62,95226 Nov 18
Thomas Claugus
EntityIndividual
Shares24,400
Max PriceUS$2.58
BuyUS$1,290,00026 Nov 18
GMT Capital Corp.
EntityCompany
Shares500,000
Max PriceUS$2.58
BuyUS$990,00006 Nov 18
GMT Capital Corp.
EntityCompany
Shares330,000
Max PriceUS$3.00
BuyUS$48,30006 Nov 18
Thomas Claugus
EntityIndividual
Shares16,100
Max PriceUS$3.00
BuyUS$45,26029 Oct 18
Thomas Claugus
EntityIndividual
Shares14,600
Max PriceUS$3.10
BuyUS$930,00029 Oct 18
GMT Capital Corp.
EntityCompany
Shares300,000
Max PriceUS$3.10
SellUS$708,88915 Oct 18
GMT Capital Corp.
EntityCompany
Shares203,120
Max PriceUS$3.49
BuyUS$1,032,34215 Oct 18
GMT Capital Corp.
EntityCompany
Shares295,800
Max PriceUS$3.49
BuyUS$45,02115 Oct 18
Thomas Claugus
EntityIndividual
Shares12,900
Max PriceUS$3.49
BuyUS$1,158,00001 Oct 18
GMT Capital Corp.
EntityCompany
Shares300,000
Max PriceUS$3.86
BuyUS$49,79401 Oct 18
Thomas Claugus
EntityIndividual
Shares12,900
Max PriceUS$3.86
BuyUS$13,57111 Sep 18
Thomas Claugus
EntityIndividual
Shares4,100
Max PriceUS$3.31
BuyUS$317,42911 Sep 18
GMT Capital Corp.
EntityCompany
Shares95,900
Max PriceUS$3.31
BuyUS$655,16110 Sep 18
GMT Capital Corp.
EntityCompany
Shares204,100
Max PriceUS$3.21
BuyUS$28,24810 Sep 18
Thomas Claugus
EntityIndividual
Shares8,800
Max PriceUS$3.21
BuyUS$1,038,00005 Sep 18
GMT Capital Corp.
EntityCompany
Shares300,000
Max PriceUS$3.46
BuyUS$44,63405 Sep 18
Thomas Claugus
EntityIndividual
Shares12,900
Max PriceUS$3.46
BuyUS$44,63430 Aug 18
Thomas Claugus
EntityIndividual
Shares12,900
Max PriceUS$3.46
BuyUS$1,038,00030 Aug 18
GMT Capital Corp.
EntityCompany
Shares300,000
Max PriceUS$3.46

Ownership Breakdown


Management Team

  • Rodger Trimble (57yo)

    Vice President of Investor Relations

    • Tenure: 3.2yrs
  • Greg Guidry (63yo)

    President

    • Tenure: 4.3yrs
    • Compensation: US$1.60m
  • Ryan Ellson (43yo)

    CFO & Executive VP of Finance

    • Tenure: 4.3yrs
    • Compensation: US$1.19m
  • Lawrence West (63yo)

    Vice President of Exploration

    • Tenure: 4.3yrs
    • Compensation: US$913.25k
  • Susan Mawdsley (52yo)

    VP of Finance & Corporate Controller

    • Tenure: 3.2yrs
  • Manuel Buitrago

    President & Country Manager of Gran Tierra Energy Colombia

    • Tenure: 1.6yrs
  • Enrique Villalobos

    President & Country Manager of Gran Tierra Energy Ecuador

    • Tenure: 0.6yrs

Board Members

  • Brooke Wade (66yo)

    Independent Director

    • Tenure: 4.2yrs
    • Compensation: US$137.87k
  • Bob Hodgins (68yo)

    Chairman

    • Tenure: 0.0yrs
    • Compensation: US$201.48k
  • Peter Dey (78yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: US$134.21k
  • David Smith (60yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: US$143.36k
  • Greg Guidry (63yo)

    President

    • Tenure: 4.3yrs
    • Compensation: US$1.60m
  • Sondra Scott (52yo)

    Independent Director

    • Tenure: 1.9yrs
    • Compensation: US$130.48k
  • Ron Royal (70yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: US$142.26k
  • Evan Hazell (60yo)

    Independent Director

    • Tenure: 4.2yrs
    • Compensation: US$128.71k

Company Information

Gran Tierra Energy Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gran Tierra Energy Inc.
  • Ticker: GTE
  • Exchange: AMEX
  • Founded: 2003
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$480.674m
  • Shares outstanding: 372.62m
  • Website: https://www.grantierra.com

Number of Employees


Location

  • Gran Tierra Energy Inc.
  • 520 – 3rd Avenue SW
  • Suite 900
  • Calgary
  • Alberta
  • T2P 0R3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GTEAMEX (NYSE MKT LLC)YesCommon SharesUSUSDJul 2005
G1PDB (Deutsche Boerse AG)YesCommon SharesDEEURJul 2005
GTETSX (The Toronto Stock Exchange)YesCommon SharesCACADJul 2005
GTELSE (London Stock Exchange)YesCommon SharesGBGBPJul 2005

Biography

Gran Tierra Energy Inc., together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia. As of December 31, 2018, the company had total proved undeveloped r ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 00:08
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.