GTE

Gran Tierra EnergyNYSEAM:GTE Stock Report

Market Cap

US$236.7m

7D

15.0%

1Y

141.1%

Updated

16 Sep, 2021

Data

Company Financials +
GTE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health2/6
Dividends0/6

GTE Overview

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

Gran Tierra Energy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Gran Tierra Energy
Historical stock prices
Current Share PriceUS$0.65
52 Week HighUS$0.18
52 Week LowUS$1.23
Beta2.29
1 Month Change31.55%
3 Month Change-12.09%
1 Year Change141.12%
3 Year Change-81.03%
5 Year Change-77.05%
Change since IPO-36.14%

Recent News & Updates

Apr 29
Should Shareholders Reconsider Gran Tierra Energy Inc.'s (NYSEMKT:GTE) CEO Compensation Package?

Should Shareholders Reconsider Gran Tierra Energy Inc.'s (NYSEMKT:GTE) CEO Compensation Package?

Gran Tierra Energy Inc. ( NYSEMKT:GTE ) has not performed well recently and CEO Greg Guidry will probably need to up...

Apr 14
These Analysts Think Gran Tierra Energy Inc.'s (NYSEMKT:GTE) Sales Are Under Threat

These Analysts Think Gran Tierra Energy Inc.'s (NYSEMKT:GTE) Sales Are Under Threat

Today is shaping up negative for Gran Tierra Energy Inc. ( NYSEMKT:GTE ) shareholders, with the analysts delivering a...

Shareholder Returns

GTEUS Oil and GasUS Market
7D15.0%4.2%-0.6%
1Y141.1%53.8%33.7%

Return vs Industry: GTE exceeded the US Oil and Gas industry which returned 53.8% over the past year.

Return vs Market: GTE exceeded the US Market which returned 30.7% over the past year.

Price Volatility

Is GTE's price volatile compared to industry and market?
GTE volatility
GTE Beta2.29
Industry Beta1.82
Market Beta1

Stable Share Price: GTE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: GTE's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003322Greg Guidryhttps://www.grantierra.com

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 undeveloped reserves of 26.2 million barrels of oil equivalent in Colombia. The company was incorporated in 2003 and is headquartered in Calgary, Canada.

Gran Tierra Energy Fundamentals Summary

How do Gran Tierra Energy's earnings and revenue compare to its market cap?
GTE fundamental statistics
Market CapUS$236.71m
Earnings (TTM)-US$210.74m
Revenue (TTM)US$310.05m

0.8x

P/S Ratio

-1.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GTE income statement (TTM)
RevenueUS$310.05m
Cost of RevenueUS$111.75m
Gross ProfitUS$198.30m
ExpensesUS$409.04m
Earnings-US$210.74m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.57
Gross Margin63.96%
Net Profit Margin-67.97%
Debt/Equity Ratio373.3%

How did GTE perform over the long term?

See historical performance and comparison

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 ($0.61) is trading below our estimate of fair value ($5.25)

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


Future Growth

How is Gran Tierra Energy forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

28.0%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if GTE's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if GTE's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GTE's revenue (28% per year) is forecast to grow faster than the US market (9.5% per year).

High Growth Revenue: GTE's revenue (28% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GTE's Return on Equity is forecast to be high in 3 years time


Past Performance

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

-12.8%

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 12.8% 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 (-18.6%).


Return on Equity

High ROE: GTE has a negative Return on Equity (-103.71%), as it is currently unprofitable.


Financial Health

How is Gran Tierra Energy's financial position?


Financial Position Analysis

Short Term Liabilities: GTE's short term assets ($105.2M) do not cover its short term liabilities ($145.0M).

Long Term Liabilities: GTE's short term assets ($105.2M) do not cover its long term liabilities ($826.3M).


Debt to Equity History and Analysis

Debt Level: GTE's debt to equity ratio (373.3%) is considered high.

Reducing Debt: GTE's debt to equity ratio has increased from 12% to 373.3% 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: Whilst unprofitable GTE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: GTE is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.2% per year.


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?

5.3yrs

Average management tenure


CEO

Greg Guidry (65 yo)

6.33yrs

Tenure

US$2,433,677

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 and has been its Director since May 2015. Mr. Guidry ser...


CEO Compensation Analysis

Compensation vs Market: Greg's total compensation ($USD2.43M) is above average for companies of similar size in the US market ($USD1.08M).

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


Leadership Team

Experienced Management: GTE's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: GTE's board of directors are considered experienced (6.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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 employee growth, exchange listings and data sources


Key Information

  • Name: Gran Tierra Energy Inc.
  • Ticker: GTE
  • Exchange: NYSEAM
  • Founded: 2003
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$236.710m
  • Shares outstanding: 366.99m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 04:39
End of Day Share Price2021/09/15 00:00
Earnings2021/06/30
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.