
GTE Stock Forecast & Price Target
GTE Analyst Ratings
Bulls say
Gran Tierra Energy Inc. has demonstrated a significant reduction in greenhouse gas emissions, achieving a 55% decrease from 2019 levels through innovative Gas-to-Power projects. The company reports strong production performance from its Arawana-J1 and Bocachico-J1 wells, yielding consistent rates of 1,600–1,800 bbl/d, coupled with strategic plans to enhance efficiency through the conversion to electrical submersible pumping systems. Additionally, the successful closing of the i3 Energy deal and ongoing positive exploration results in both Colombia and Ecuador contribute to a robust operational outlook for the company.
Bears say
Gran Tierra Energy's financial position is concerning due to a net debt of $509 million as of September 30, only marginally reduced from $521 million in June, amid cash and equivalents of $278 million. The company's operational execution has been reported as below average, compounded by significant geopolitical risks, which pose threats to its overall stability. Additionally, the unpredictable nature of oil and gas prices could severely impact Gran Tierra's profitability, growth potential, and overall financial health if market prices decline or remain low for an extended period.
This aggregate rating is based on analysts' research of Gran Tierra Energy and is not a guaranteed prediction by Public.com or investment advice.
GTE Analyst Forecast & Price Prediction
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