Gran Tierra Energy (NYSE:GTE) Shares Gap Up to $1.36

Gran Tierra Energy Inc. (NYSE:GTEGet Rating)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $1.36, but opened at $1.40. Gran Tierra Energy shares last traded at $1.36, with a volume of 129,155 shares.

Gran Tierra Energy Stock Down 0.8 %

The firm has a 50-day moving average of $1.29 and a 200 day moving average of $1.45. The stock has a market capitalization of $486.91 million, a price-to-earnings ratio of 2.93 and a beta of 1.74. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 1.60.

Gran Tierra Energy (NYSE:GTEGet Rating) last released its quarterly earnings results on Monday, August 8th. The company reported $0.14 EPS for the quarter. The firm had revenue of $205.79 million for the quarter. Gran Tierra Energy had a return on equity of 39.87% and a net margin of 24.87%.

Gran Tierra Energy Company Profile

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Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. As of December 31, 2021, it had total proved undeveloped reserves of 24.8 million barrels of oil equivalent in Colombia. The company was incorporated in 2003 and is headquartered in Calgary, Canada.

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