NYSEAMERICAN:GTE - Gran Tierra Energy Stock Price, Forecast & News

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

Gran Tierra Energy declared that its board has initiated a share repurchase plan on Wednesday, March 7th 2018, which authorizes the company to buyback 500% of shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its shares are undervalued.

Gran Tierra Energy Inc (NYSEAMERICAN:GTE) issued its quarterly earnings data on Tuesday, November, 5th. The company reported ($0.02) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.05 by $0.07. The company earned $132.49 million during the quarter. View Gran Tierra Energy's Earnings History.

Gran Tierra Energy is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Gran Tierra Energy.

7 brokers have issued 1 year target prices for Gran Tierra Energy's shares. Their forecasts range from $2.20 to $5.50. On average, they expect Gran Tierra Energy's stock price to reach $3.90 in the next twelve months. This suggests a possible upside of 295.1% from the stock's current price. View Analyst Price Targets for Gran Tierra Energy.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gran Tierra Energy in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gran Tierra Energy.

Media coverage about GTE stock has been trending somewhat positive on Saturday, according to InfoTrie. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gran Tierra Energy earned a news sentiment score of 0.7 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Gran Tierra Energy.

Gran Tierra Energy saw a decline in short interest during the month of November. As of November 15th, there was short interest totalling 7,680,000 shares, a decline of 18.6% from the October 31st total of 9,440,000 shares. Based on an average daily volume of 2,180,000 shares, the days-to-cover ratio is presently 3.5 days. Currently, 2.1% of the company's shares are short sold. View Gran Tierra Energy's Current Options Chain.

Some companies that are related to Gran Tierra Energy include Raging River Exploration (RRX), International Petroleum (IPCO), Frontera Energy (FEC), TORC Oil and Gas (TOG), Baytex Energy (BTE), Kelt Exploration (KEL), Premier Oil (PMO), Freehold Royalties (FRU), Canacol Energy (CNE), Diversified Gas & Oil (DGOC), Canacol Energy (CNNEF), Jadestone Energy (JSE), Peyto Exploration & Development (PEY), Advantage Oil & Gas (AAV) and Phoenix Global Resources (PGR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Gran Tierra Energy investors own include Enphase Energy (ENPH), Ford Motor (F), Contango Oil & Gas (MCF), Tesla (TSLA), Baytex Energy (BTE), Canopy Growth (CGC), Crescent Point Energy (CPG), Antares Pharma (ATRS), Fluent (FLNT) and AbbVie (ABBV).

Gran Tierra Energy's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Ingalls & Snyder LLC (1.94%), Massachusetts Financial Services Co. MA (0.75%), Foundry Partners LLC (0.75%), River Road Asset Management LLC (0.49%), State Street Corp (0.26%) and Alberta Investment Management Corp (0.19%). Company insiders that own Gran Tierra Energy stock include Alan Martin Johnson, Brooke N Wade, David P Smith, Gary Guidry, Gmt Capital Corp, Lawrence West, Remi Anthony Berthelet, Robert B Hodgins, Rodger Derrick Trimble and Ryan Ellson. View Institutional Ownership Trends for Gran Tierra Energy.

GTE stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., CIBC Asset Management Inc, Millennium Management LLC, Ingalls & Snyder LLC, Great West Life Assurance Co. Can, Alberta Investment Management Corp, K.J. Harrison & Partners Inc and Massachusetts Financial Services Co. MA. View Insider Buying and Selling for Gran Tierra Energy.

GTE stock was purchased by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, Foundry Partners LLC, State Street Corp, California Public Employees Retirement System, Barclays PLC and Cornerstone Investment Partners LLC. Company insiders that have bought Gran Tierra Energy stock in the last two years include Alan Martin Johnson, Brooke N Wade, David P Smith, Gary Guidry, Gmt Capital Corp, Lawrence West, Remi Anthony Berthelet, Robert B Hodgins, Rodger Derrick Trimble and Ryan Ellson. View Insider Buying and Selling for Gran Tierra Energy.

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

One share of GTE stock can currently be purchased for approximately $0.99.

Gran Tierra Energy has a market capitalization of $371.74 million. Gran Tierra Energy employs 334 workers across the globe.View Additional Information About Gran Tierra Energy.

The official website for Gran Tierra Energy is http://www.grantierra.com/.

Gran Tierra Energy's mailing address is 900-520 3 Ave SW, CALGARY, AB T2P 0R3, Canada. The company can be reached via phone at +1-403-2653221.