Gran Tierra Energy (GTE) Stock Forecast, Price & News

Gran Tierra Energy's stock was trading at $1,100.00 at the beginning of 2023. Since then, GTE shares have decreased by 99.4% and is now trading at $7.02.
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Gran Tierra Energy saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 363,300 shares, an increase of 10.2% from the August 31st total of 329,700 shares. Based on an average daily trading volume, of 374,000 shares, the short-interest ratio is presently 1.0 days. Approximately 1.1% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our GTE earnings forecast.

Gran Tierra Energy Inc. (NYSEAMERICAN:GTE) announced its quarterly earnings data on Tuesday, August, 1st. The company reported ($0.33) earnings per share (EPS) for the quarter. The business earned $157.90 million during the quarter. Gran Tierra Energy had a trailing twelve-month return on equity of 12.86% and a net margin of 8.12%.

Roundhill Acquirers Deep Value ETF holds 69,631 shares of GTE stock, representing 1.15% of its portfolio.

Gran Tierra Energy shares reverse split on the morning of Friday, May 5th 2023. The 1-10 reverse split was announced on Friday, May 5th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, May 5th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Gran Tierra Energy investors own include Matinas BioPharma (MTNB), Pennsylvania Real Estate Investment Trust (PEI), CNBX Pharmaceuticals (CNBX), Bionano Genomics (BNGO), KushCo (KSHB), EnLink Midstream (ENLC), CBL & Associates Properties (CBL), Novan (NOVN), DHT (DHT) and Organigram (OGI).

Gran Tierra Energy trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "GTE."

Shares of GTE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GTE stock can currently be purchased for approximately $7.02.

Gran Tierra Energy (NYSEAMERICAN:GTE) has a market capitalization of $233.70 million and generates $711.39 million in revenue each year. The company earns $139.03 million in net income (profit) each year or $1.27 on an earnings per share basis.

The company employs 363 workers across the globe.

Gran Tierra Energy's mailing address is 900-520 3 Ave SW, CALGARY, AB T2P 0R3, Canada. The official website for the company is www.grantierra.com. The company can be reached via phone at (403) 265-3221, via email at info@grantierra.com, or via fax at 403-265-3242.