Gran Tierra Energy
Market Cap
US$102.1m
Last Updated
2020/04/03 07:02 UTC
Data Sources
Company Financials +
Executive Summary
Gran Tierra Energy Inc., together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -55.3% per year for the next 3 years
+ 1 more risk
Snowflake Analysis
Undervalued with imperfect balance sheet.
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
Stable Share Price: GTE's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
9.0%
GTE
-1.2%
US Oil and Gas
-4.1%
US Market
1 Year Return
-88.3%
GTE
-56.2%
US Oil and Gas
-14.9%
US Market
Return vs Industry: GTE underperformed the US Oil and Gas industry which returned -56.2% over the past year.
Return vs Market: GTE underperformed the US Market which returned -14.9% over the past year.
Shareholder returns
| GTE | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.0% | -1.2% | -4.1% |
| 30 Day | -57.2% | -35.5% | -19.1% |
| 90 Day | -78.6% | -51.5% | -23.4% |
| 1 Year | -88.3%-88.3% | -54.4%-56.2% | -13.2%-14.9% |
| 3 Year | -89.5%-89.5% | -51.3%-56.1% | 10.7%3.5% |
| 5 Year | -90.7%-90.7% | -54.7%-61.6% | 28.5%14.5% |
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
1 week ago | Simply Wall St
Is Gran Tierra Energy Inc.'s (NYSEMKT:GTE) CEO Salary Justified?2 weeks ago | Simply Wall St
The President of Gran Tierra Energy Inc. (NYSEMKT:GTE), Gary Guidry, Just Bought 33% More Shares4 weeks ago | Simply Wall St
What Is Gran Tierra Energy's (NYSEMKT:GTE) P/E Ratio After Its Share Price Tanked?Valuation
Is Gran Tierra Energy undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GTE ($0.28) is trading below our estimate of fair value ($1.82)
Significantly Below Fair Value: GTE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GTE is good value based on its PE Ratio (2.7x) compared to the Oil and Gas industry average (7x).
PE vs Market: GTE is good value based on its PE Ratio (2.7x) compared to the US market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: GTE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: GTE is good value based on its PB Ratio (0.1x) compared to the US Oil and Gas industry average (0.5x).
Next Steps
Future Growth
How is Gran Tierra Energy forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
-55.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GTE's earnings are forecast to decline over the next 3 years (-55.3% per year).
Earnings vs Market: GTE's earnings are forecast to decline over the next 3 years (-55.3% per year).
High Growth Earnings: GTE's earnings are forecast to decline over the next 3 years.
Revenue vs Market: GTE's revenue (5.9% per year) is forecast to grow slower than the US market (7.1% per year).
High Growth Revenue: GTE's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GTE is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Gran Tierra Energy performed over the past 5 years?
48.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GTE has a high level of non-cash earnings.
Growing Profit Margin: GTE's current net profit margins (6.8%) are lower than last year (16.7%).
Past Earnings Growth Analysis
Earnings Trend: GTE has become profitable over the past 5 years, growing earnings by 48.1% 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 (-62.3%) over the past year, making it difficult to compare to the Oil and Gas industry average (-11.9%).
Return on Equity
High ROE: GTE's Return on Equity (3.7%) is considered low.
Next Steps
Financial Health
How is Gran Tierra Energy's financial position?
Financial Position Analysis
Short Term Liabilities: GTE's short term assets ($290.7M) exceed its short term liabilities ($199.3M).
Long Term Liabilities: GTE's short term assets ($290.7M) do not cover its long term liabilities ($812.7M).
Debt to Equity History and Analysis
Debt Level: GTE's debt to equity ratio (67.5%) is considered high.
Reducing Debt: Insufficient data to determine if GTE's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Inventory Level: GTE has a high level of physical assets or inventory.
Debt Coverage by Assets: GTE's debt is not covered by short term assets (assets are 0.4x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GTE is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: GTE is profitable, therefore cash runway is not a concern.
Next Steps
Dividend
What is Gran Tierra Energy's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GTE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GTE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GTE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GTE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GTE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Greg Guidry (63yo)
4.92s
Tenure
US$2,207,748
Compensation
Mr. Gary Stephen Guidry, also known as Greg, P.Eng. has been the Chief Executive Officer and President of Gran Tierra Energy, Inc. since May 7, 2015. Mr. Guidry has been Executive Director at Caracal Energ ...
CEO Compensation Analysis
Compensation vs Market: Greg's total compensation ($USD2.21M) is above average for companies of similar size in the US market ($USD609.32K).
Compensation vs Earnings: Greg's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.92yrs | US$2.21m | 0.94% $955.9k | |
| CFO & Executive VP of Finance | 4.92yrs | US$1.57m | 0.087% $88.9k | |
| Chief Operating Officer | 0.50yr | US$1.27m | 0.011% $11.7k | |
| Vice President of Exploration | 4.92yrs | US$1.01m | 0.095% $97.3k | |
| Vice President of Investor Relations | 3.83yrs | no data | 0.026% $26.3k | |
| President & Country Manager of Gran Tierra Energy Ecuador | 1.25yrs | no data | no data | |
| President & Country Manager of Gran Tierra Energy Colombia | 2.25yrs | no data | no data |
3.8yrs
Average Tenure
57yo
Average Age
Experienced Management: GTE's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.92yrs | US$2.21m | 0.94% $955.9k | |
| Independent Director | 4.83yrs | US$186.71k | 0.12% $118.9k | |
| Independent Chairman | no data | US$259.09k | 0.0054% $5.6k | |
| Independent Director | 4.92yrs | US$191.33k | 0.0054% $5.6k | |
| Independent Director | 4.92yrs | US$193.64k | 0.15% $154.3k | |
| Independent Director | 2.58yrs | US$183.25k | no data | |
| Independent Director | 4.92yrs | US$191.33k | 0.069% $70.8k | |
| Independent Director | 4.83yrs | US$186.71k | 0.015% $15.3k |
4.9yrs
Average Tenure
64.5yo
Average Age
Experienced Board: GTE's board of directors are considered experienced (4.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GTE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$102.058m
- Shares outstanding: 366.98m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GTE | AMEX (NYSE MKT LLC) | Yes | Common Shares | US | USD | Jul 2005 |
| G1P | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jul 2005 |
| GTE | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Jul 2005 |
| GTE | LSE (London Stock Exchange) | Yes | Common Shares | GB | GBP | Jul 2005 |
Biography
Gran Tierra Energy Inc., together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. As of December 31, 2019, it had total proved undeveloped reserves of 31.0 million barrels of oil equivalent in Colombia. The company was founded in 2003 and is headquartered in Calgary, Canada.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/03 07:02 |
| End of Day Share Price | 2020/04/02 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.