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 of Directors has approved a stock repurchase program on Wednesday, March 7th 2018, which authorizes the company to repurchase 500% of shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

Gran Tierra Energy Inc (NYSEAMERICAN:GTE) released its quarterly earnings data on Thursday, November, 1st. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.12. The business had revenue of $175.10 million for the quarter, compared to the consensus estimate of $177 million. The company's quarterly revenue was up 68.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.01 EPS. 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 analysts have issued twelve-month price objectives for Gran Tierra Energy's shares. Their forecasts range from $2.20 to $5.50. On average, they expect Gran Tierra Energy's share price to reach $3.55 in the next year. This suggests a possible upside of 288.5% 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 Wednesday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gran Tierra Energy earned a coverage optimism score of 0.7 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Gran Tierra Energy.

Gran Tierra Energy saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 7,150,000 shares, a decrease of 5.8% from the January 15th total of 7,590,000 shares. Based on an average daily volume of 1,820,000 shares, the days-to-cover ratio is currently 3.9 days. Approximately 2.0% of the shares of the company are sold short. View Gran Tierra Energy's Current Options Chain.

Some companies that are related to Gran Tierra Energy include Premier Oil (PMO), TORC Oil and Gas (TOG), Freehold Royalties (FRU), Frontera Energy (FEC), Canacol Energy (CNE), Extraction Oil & Gas (CDEV), Baytex Energy (BTE), International Petroleum (IPCO), Kelt Exploration (KEL), Canacol Energy (CNNEF), Tullow Oil (TLW), Diversified Gas & Oil (DGOC), Jadestone Energy (JSE), Senex Energy (SXY) and Contango Oil & Gas (MCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Gran Tierra Energy investors own include Energy Transfer LP Unit (ET), Actinium Pharmaceuticals (ATNM), AMC Entertainment (AMC), Crescent Point Energy (CPG), AbbVie (ABBV), NGL Energy Partners (NGL), Vermilion Energy (VET), Amarin (AMRN), Capital Product Partners (CPLP) and Enphase Energy (ENPH).

Gran Tierra Energy's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Moerus Capital Management LLC (4.67%), Ingalls & Snyder LLC (1.73%), Connor Clark & Lunn Investment Management Ltd. (1.19%), Renaissance Technologies LLC (1.10%), Foundry Partners LLC (0.82%) and Massachusetts Financial Services Co. MA (0.75%). 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 Franklin Resources Inc., Schroder Investment Management Group, Connor Clark & Lunn Investment Management Ltd., Bank of Montreal Can, Ninepoint Partners LP, Ingalls & Snyder LLC, Alliancebernstein L.P. and Renaissance Technologies LLC. View Insider Buying and Selling for Gran Tierra Energy.

GTE stock was purchased by a variety of institutional investors in the last quarter, including Moerus Capital Management LLC, Goldman Sachs Group Inc., River Road Asset Management LLC, CIBC World Markets Inc., Pendal Group Ltd, Toronto Dominion Bank, Foundry Partners LLC and Bank of America Corp DE. 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 $0.91.

Gran Tierra Energy has a market capitalization of $344.17 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.