STOCK TITAN
  1. Home
  2. News
  3. GTE

Gran Tierra Energy Inc. - $GTE STOCK NEWS

Welcome to our dedicated page for Gran Tierra Energy news (Ticker: $GTE), a resource for investors and traders seeking the latest updates and insights on Gran Tierra Energy stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gran Tierra Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gran Tierra Energy's position in the market.

News
Gran Tierra Energy Announces Final Voting Results of its Annual Meeting of Stockholders
Rhea-AI Summary

Gran Tierra Energy Inc. announced the results of its annual meeting of stockholders, where all nine director nominees were elected, and the ratification of KPMG LLP as the independent registered public accounting firm for 2024 was approved along with the compensation of named executive officers. The detailed voting results were provided.

The company also released its 2023 Sustainability Report, emphasizing its commitment to building long-term value and delivering on sustainability goals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Gran Tierra Energy Inc. Announces First Quarter 2024 Results
Rhea-AI Summary

Gran Tierra Energy Inc. announced its First Quarter 2024 Results, showcasing a 3% increase in total average WI production, positive preliminary results in the Arawana Exploration Well, and strong financial performance with Funds Flow from Operations of $74 million, Free Cash Flow of $19 million, and Adjusted EBITDA of $95 million. The Company's President, Gary Guidry, highlighted significant progress in development drilling programs, successful drilling in Costayaco, and promising Arawana exploration results. Gran Tierra's commitment to environmental, social, and governance safety was also emphasized.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.23%
Tags
earnings
-
News
Gran Tierra Energy Inc. Provides Release Date for its 2024 First Quarter Results and Details of Annual Meeting of Stockholders
Rhea-AI Summary
Gran Tierra Energy Inc. announces the release date of its 2024 first-quarter financial results and details of the Annual Meeting of Stockholders. The financial and operating results will be released on May 1, 2024, with a conference call scheduled for May 2, 2024. The Annual Meeting of Stockholders will be held on May 2, 2024, as a virtual-only meeting. Shareholders can participate electronically by registering in advance. The Company provides detailed instructions on how to participate in both events.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.09%
Tags
earnings
News
Gran Tierra Energy Inc. Provides Operations Update
Rhea-AI Summary
Gran Tierra Energy Inc. announces a 6% increase in year-to-date production, with a strong operational update highlighting successful drilling campaigns in Colombia. The company is well-positioned to achieve its 2024 production guidance, with a focus on development and exploration programs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
Tags
none
-
News
Gran Tierra Energy Inc. Announces Granting of Exemptive Relief Regarding its Normal Course Issuer Bid
Rhea-AI Summary
Gran Tierra Energy Inc. announces an exemption order from Canadian securities regulators allowing the purchase of up to 10% of its public float of common stock through U.S. Markets as part of normal course issuer bids.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.18%
Tags
none
-
News
Gran Tierra Energy Inc. Announces 2023 Fourth Quarter & Year-End Results, Including Successfully Meeting 2023 Guidance for Annual Production, Funds Flow From Operations¹ and Free Cash Flow¹
Rhea-AI Summary
Gran Tierra Energy Inc. reported a 2023 net loss of $6 million, with positive financial and operational highlights including meeting production guidance, reserves growth, and strong safety performance. The company achieved $399 million in adjusted EBITDA, $277 million in funds flow from operations, and $58 million in free cash flow. Gran Tierra also repurchased 6.8% of outstanding shares, emphasizing commitment to long-term shareholder value creation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.28%
Tags
earnings
News
Gran Tierra Energy Inc. Provides Release Date for its 2023 Fourth Quarter & Year-End Results and Details of Conference Call and Webcast
Rhea-AI Summary
Gran Tierra Energy Inc. announces the release of its fourth quarter and year-end financial results on February 20, 2024. The company will host a conference call to discuss the results, providing unique PINs for registered participants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.73%
Tags
earnings
-
News
Gran Tierra Energy Inc. Announces Closing of an Additional $100 Million Aggregate Principal Amount of its 9.500% Senior Secured Amortizing Notes due 2029
Rhea-AI Summary
Gran Tierra Energy Inc. has completed an offering of additional $100 million aggregate principal amount of its 9.500% Senior Secured Amortizing Notes due 2029. The Notes have the same terms and provisions as the Original Notes, except for the issue price, and form the same series as the Original Notes, including with respect to interest payments. The Notes are expected to trade under the same CUSIP number as the Original Notes. The company intends to use the net proceeds from the offering to repay the outstanding amounts borrowed under its existing credit facility and for general corporate purposes. The Notes will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
Tags
none
-
News
Gran Tierra Energy Inc. Announces Pricing of an Additional $100 Million Aggregate Principal Amount of its 9.500% Senior Secured Amortizing Notes due 2029
Rhea-AI Summary
Gran Tierra Energy Inc. announced the pricing of an additional $100 million aggregate principal amount of its previously issued 9.500% Senior Secured Amortizing Notes due 2029. The Notes will have the same terms and provisions as the Original Notes, except for the issue price, and will form the same series as the Original Notes, including with respect to interest payments. Gran Tierra expects to receive net proceeds of approximately $88.3 million from the offering, which will be used to repay outstanding amounts borrowed under its existing credit facility and for general corporate purposes, including additional capital to appraise and develop exploration discoveries, repayment of other indebtedness, working capital, and/or acquisitions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.43%
Tags
none
News
Gran Tierra Energy Inc. Announces Private Offering of an Additional Amount of its 9.500% Senior Secured Amortizing Notes due 2029
Rhea-AI Summary
Gran Tierra Energy Inc. plans to offer an additional amount of its previously issued 9.500% Senior Secured Amortizing Notes due 2029 in a private placement. The Notes will have the same terms and provisions as the Original Notes, with the net proceeds intended for repaying outstanding amounts borrowed under its existing credit facility and general corporate purposes. The offering will be made to qualified institutional buyers in the United States, non-U.S. persons outside the United States, and pursuant to certain prospectus exemptions in Canada.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.51%
Tags
offering
Stock GTE logo
Gran Tierra Energy Inc.

NYSE:GTE

GTE Rankings

#3514 Ranked by Market Cap
#4776 Ranked by Stock Gains
N/A Ranked by Dividends

GTE Stock Data

279.21M
29.15M
2.83%
34.16%
1.97%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
CALGARY

About GTE

gran tierra energy is an independent international energy company engaged in oil and gas acquisition, exploration, development and production. we are strategically focused on onshore oil and gas properties in colombia. headquartered in calgary, canada we are publically listed on the new york stock exchange and the toronto stock exchange under the ticker symbols gte. our strategic approach is focused on growth and value creation, re-positioning ourselves for future success as the preeminent independent producer in colombia. gran tierra believes in partnering with the communities in which it operates, and the company is intensely proud of its shared value, sustainable community and social responsibility programs. gran tierra energy es una compañía de energía internacional independiente dedicada a la adquisición, exploración, desarrollo y producción de petróleo y gas. estamos enfocados estratégicamente en propiedades on-shore de petróleo y gas en colombia. con sede en calgary, canadá, cot