AMEX:GTE

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

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. More Details


Snowflake Analysis

Exceptional growth potential and fair value.


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 is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 18% a week.

Volatility Over Time: GTE's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

-5.8%

GTE

9.9%

US Oil and Gas

-0.4%

US Market


1 Year Return

34.3%

GTE

24.8%

US Oil and Gas

36.2%

US Market

Return vs Industry: GTE exceeded the US Oil and Gas industry which returned 24.8% over the past year.

Return vs Market: GTE underperformed the US Market which returned 36.2% over the past year.


Shareholder returns

GTEIndustryMarket
7 Day-5.8%9.9%-0.4%
30 Day23.4%21.2%-2.9%
90 Day163.4%33.2%5.0%
1 Year34.3%34.3%33.5%24.8%39.1%36.2%
3 Year-67.9%-67.9%-6.2%-19.4%48.4%39.0%
5 Year-71.2%-71.2%11.8%-9.9%116.5%92.4%

Long-Term 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 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 ($0.8) is trading below our estimate of fair value ($6.29)

Significantly Below Fair Value: GTE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GTE is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.

PE vs Market: GTE is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GTE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GTE is good value based on its PB Ratio (1.1x) compared to the US Oil and Gas industry average (1.5x).


Next Steps

Future Growth

How is Gran Tierra Energy forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

138.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GTE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: GTE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: GTE's is expected to become profitable in the next 3 years.

Revenue vs Market: GTE's revenue (39.8% per year) is forecast to grow faster than the US market (10% per year).

High Growth Revenue: GTE's revenue (39.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GTE's Return on Equity is forecast to be high in 3 years time (36%)


Next Steps

Past Performance

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

-4.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GTE is currently unprofitable.

Growing Profit Margin: GTE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GTE is unprofitable, and losses have increased over the past 5 years at a rate of 4.8% per year.

Accelerating Growth: Unable to compare GTE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GTE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-39%).


Return on Equity

High ROE: GTE has a negative Return on Equity (-302.67%), as it is currently unprofitable.


Next Steps

Financial Health

How is Gran Tierra Energy's financial position?


Financial Position Analysis

Short Term Liabilities: GTE's short term assets ($133.9M) exceed its short term liabilities ($113.7M).

Long Term Liabilities: GTE's short term assets ($133.9M) do not cover its long term liabilities ($831.1M).


Debt to Equity History and Analysis

Debt Level: GTE's debt to equity ratio (300.3%) 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


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: Insufficient data to determine if GTE has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if GTE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Gran Tierra Energy 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 recent payouts.

High Dividend: Unable to evaluate GTE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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?

4.8yrs

Average management tenure


CEO

Greg Guidry (64 yo)

5.83yrs

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 served as the Chief Executive Officer and Pr...


CEO Compensation Analysis

Compensation vs Market: Greg's total compensation ($USD2.21M) is above average for companies of similar size in the US market ($USD941.36K).

Compensation vs Earnings: Greg's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Gary Guidry
President5.83yrsUS$2.21m1%
$ 3.0m
Ryan Ellson
CFO & Executive VP of Finance5.83yrsUS$1.57m0.13%
$ 390.7k
Lawrence West
Vice President of Exploration5.83yrsUS$1.01m0.095%
$ 280.8k
Rodger Trimble
Vice President of Investor Relations4.75yrsno data0.058%
$ 170.7k
Phillip Abraham
VP of Legal & Business Development0.17yrno datano data
Enrique Villalobos
President & Country Manager of Gran Tierra Energy Ecuador2.17yrsno datano data
Manuel Buitrago
President & Country Manager of Gran Tierra Energy Colombia3.17yrsno datano data

4.8yrs

Average Tenure

61yo

Average Age

Experienced Management: GTE's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gary Guidry
President5.83yrsUS$2.21m1%
$ 3.0m
Brooke Wade
Independent Director5.75yrsUS$186.71k0.12%
$ 343.1k
Robert Hodgins
Independent Chairmanno dataUS$259.09k0.0054%
$ 16.0k
Peter Dey
Independent Director5.83yrsUS$191.33k0.0054%
$ 16.0k
David Smith
Independent Director5.83yrsUS$193.64k0.15%
$ 445.3k
Sondra Scott
Independent Director3.5yrsUS$183.25k0%
$ 0
Ronald Royal
Independent Director5.83yrsUS$191.33k0.069%
$ 204.4k
Evan Hazell
Independent Director5.75yrsUS$186.71k0.015%
$ 44.1k

5.8yrs

Average Tenure

65.5yo

Average Age

Experienced Board: GTE's board of directors are considered experienced (5.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GTE insiders have only sold shares 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$294.466m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GTEAMEX (NYSE MKT LLC)YesCommon SharesUSUSDJul 2005
G1PDB (Deutsche Boerse AG)YesCommon SharesDEEURJul 2005
G1PXTRA (XETRA Trading Platform)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 and Ecuador. As of December 31, 2020, it had total proved undevelope...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/07 23:36
End of Day Share Price2021/03/05 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.