Gran Tierra Energy (GTE) to Release Earnings on Tuesday

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Gran Tierra Energy (TSE:GTE) (NYSEMKT:GTE) is scheduled to release its earnings data after the market closes on Tuesday, August 4th.

Gran Tierra Energy (TSE:GTE) (NYSEMKT:GTE) last announced its quarterly earnings results on Monday, May 11th. The company reported C($0.42) EPS for the quarter. The company had revenue of C$115.56 million during the quarter, compared to analyst estimates of C$165.19 million.

Shares of TSE GTE opened at C$0.38 on Friday. The stock has a market cap of $139.45 million and a price-to-earnings ratio of -0.64. The business has a 50 day simple moving average of C$0.48 and a 200 day simple moving average of C$0.69. Gran Tierra Energy has a 52 week low of C$0.25 and a 52 week high of C$2.13. The company has a debt-to-equity ratio of 100.98, a quick ratio of 1.03 and a current ratio of 1.25.

Several equities research analysts recently commented on the company. Royal Bank of Canada cut Gran Tierra Energy from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from C$1.00 to C$0.60 in a research note on Monday, May 18th. Cormark boosted their price target on Gran Tierra Energy from C$0.50 to C$0.55 in a research note on Friday, July 17th. Scotiabank lowered their price target on Gran Tierra Energy from C$1.25 to C$0.55 in a research note on Wednesday, April 8th. Finally, National Bank Financial boosted their price target on Gran Tierra Energy from C$0.30 to C$0.50 and gave the company a “sector perform” rating in a research note on Wednesday, June 24th.

Gran Tierra Energy Company Profile

Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia. As of December 31, 2017, the company had total proved undeveloped reserves of 19.6 million barrels of oil equivalent. Gran Tierra Energy Inc was incorporated in 2003 and is headquartered in Calgary, Canada.

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Earnings History for Gran Tierra Energy (TSE:GTE)

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