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 announced that its board has initiated a stock buyback program on Wednesday, March 7th 2018, which permits the company to buyback 500% of outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

Gran Tierra Energy Inc (NYSEAMERICAN:GTE) issued its quarterly earnings data on Thursday, November, 1st. The company reported $0.18 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.06 by $0.12. The business had revenue of $175.10 million for the quarter, compared to analyst estimates of $177 million. The business's quarterly revenue was up 68.7% compared to the same quarter last year. During the same period in the previous 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 equities research analysts have issued 1 year price objectives for Gran Tierra Energy's stock. Their forecasts range from $2.20 to $5.50. On average, they anticipate Gran Tierra Energy's stock price to reach $3.55 in the next twelve months. This suggests a possible upside of 275.6% 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 stories about GTE stock have trended somewhat positive this week, according to InfoTrie. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gran Tierra Energy earned a coverage optimism score of 1.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. 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 short-interest ratio is presently 3.9 days. Approximately 2.0% 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 TORC Oil and Gas (TOG), Premier Oil (PMO), Freehold Royalties (FRU), Extraction Oil & Gas (CDEV), Frontera Energy (FEC), Baytex Energy (BTE), Canacol Energy (CNE), 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 a variety of of retail and institutional investors. Top institutional investors 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 acquired 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 $0.95.

Gran Tierra Energy has a market capitalization of $355.96 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.