Gran Tierra Energy Inc (GTE)

[roadkilll]

Colombian elections coming March 13, this Sunday, expect Petro to lead this first round and to eventually win
Petro has an anti extraction policy where he plans to replace oil revenues with tourist dollars. At theses prices I suspect oil is paying for over 50% of the Colombian budget and is 99% of exports that bring in valuable dollars.

Cheaper entries coming.

[SaltyMutt]

Not a bad day at all.

[roadkilll]

$1.88 in after hours.
A Russian official talking about shutting down a nat gas pipeline to Europe today sent spot prices on nat gas equal to $600 barrel of oil. Ukraine is not falling to Putin without heavy casualties so would not be surprised if oil and gas do not become a weapon.

[FORDGT]

In October, 2020 the (GTE) Gran Tierra Energy Inc. SqueezeTrigger Price was $0.23. If you had purchased GTE, the trade would have gained 493.93% as of today's price of $1.35.

[somanymike]

Thank you.

[loki]

https://www.globenewswire.com/news-release/2022/02/22/2389899/0/en/Gran-Tierra-Energy-Inc-Announces-2021-Fourth-Quarter-Year-End-Results-Operational-Update.html

[somanymike]

Aren't they supposed to release 2021 4Q today and have a CC tomorrow?

[DCALongRun]

Nice solid rally today to close at 1.26.

[roadkilll]

Brent hit $90 today
Gran Tierra should be able to pay down a big chunk of the revolver in the first month of this year.

[loki]

I guess it will only creep higher until the revolving debt is paid but that won't take long at the rate things are going..good time to get in...

[roadkilll]

Brent now over $89
First quarter will blowout those base case numbers based on $70 oil. Kiss the revolver goodbye and focus on paying down long term debt with the $100 oil Goldman Sachs sees coming in second half of year.

[loki]

Update
https://www.stocktitan.net/news/GTE/gran-tierra-energy-announces-corporate-93dnh5lq1b5s.html

[DCALongRun]

Gran Tierra Energy Inc. Announces Restoration of Production

[roadkilll]

Looking forward to the auditors update on valuation. At the end of 2020

Forecast prices

The pricing assumptions used in estimating NI 51-101 and COGEH compliant reserves data disclosed above with respect to net present values of future net revenue are set forth below. The price forecasts are based on McDaniel's standard price forecast effective January 1, 2021. McDaniel is an independent qualified reserves evaluator and auditor pursuant to NI 51-101.

Brent Crude Oil WTI Crude Oil
Year $US/bbl $US/bbl
January 1, 2021 January 1, 2021
2021 $49.50 $47.50
2022 $53.55 $51.00
2023 $54.62 $52.02
2024 $55.71 $53.06
2025 $56.83 $54.12

[trglaa]

Finally made it over a dollar

[DCALongRun]

China is desperate to secure Latin American Oil and Coal.
China Is Desperate To Secure Latin American Oil And Coal

[CyrusDaVirus]

Gift under $1

[shurtha2000]

Any long term holders here know the fair value?

[shurtha2000]

Lets hit .85 After hours and gap up from there tomorrow morning

[DCALongRun]

Good to see interest in this ticker again. Nice massive rally from .44 bottom in August. Lots of filling of gaps back up the a dollar. Could happen sooner than we realize, especially with oil prices going backup.

[shurtha2000]

should be worth $1.50-$2.00

[shurtha2000]

.83 dollar land coming

[shurtha2000]

should be .80-.90 by now Lagging big time

[shurtha2000]

Mid 80's end of week going to play catch up fast

[FORDGT]

In October, 2020 the (GTE) Gran Tierra Energy Inc. SqueezeTrigger Price was $0.23. If you had purchased GTE, the trade would have gained 132.64% as of today's price of $0.53. If you had traded 10,000 shares, you would currently have a gain of $3,015.00.

[FORDGT]

In October, 2020 the (GTE) Gran Tierra Energy Inc. SqueezeTrigger Price was $0.23. If you had purchased GTE, the trade would have gained 115.88% as of today's price of $0.49. If you had traded 10,000 shares, you would currently have a gain of $2,634.00.

[JOHNNIEBG]

Four employee's bough stock on July 21st. Up to 16,000 shares.

https://grantierra.ntercache.com/upload/event/129/94db986fb807/2021jul21-pdmr-notification-rns.pdf

[JOHNNIEBG]

Their earnings are scheduled to be out on Aug. 4th. I think we will see a suprise in the earnings number. Hopefully on the good side!!!

[loki]

There was a PR out today....things are turning for the better.

[roadkilll]

Bonds CUSIP #G4066TAA0 creeping higher and today traded in volume at 89.

Folks also underestimating volume when GTE get back to normal. 2018 and 2019 had bopd above 34,000. GTE greatly expanded acreage in last few years so potential next year will be north of 34,000 as oil at higher prices will justify expanding the drilling program.

Patience needed as we need to get through this quarter before the focus will again return to the future.

[MuskVoice]

$GTE

BIG NEW AUDIO (9 MINUTES)

https://voca.ro/1eYQAsu4Xdmn

[roadkilll]

We may see a pullback In oil as Iran announced today US is lifting Iran oil sanctions.
I will be doubling down if GTE goes on sale with the news. Iran is already selling around 2 million barrels a day. Not much upside from there and the discount coming off their oil should be a plus for the price of oil.
The news is coming from Iranian officials today. Expect the markets to react when/if news is released by US.

[MuskVoice]

Gran Tierra Energy's financial potential is highlighted in the strength of its assets. From $49 / barrel to $56 / barrel, that $7 / barrel increase cases a $5 / barrel increase in netback. At $56 / barrel it earns $60 million in annual FCF. Each additional $1 / barrel, based on that same ratio, adds almost $7.5 million in annual FCF.

The company's market cap is $300 million and its debt is ~$800 million implying an enterprise value of $1.1 billion. That means at >$63 / barrel the company is earning >10% FCF on its enterprise value. At >$52 / barrel it has >10% FCF on its market cap. That means, if prices recover more, the company can generate incredibly strong shareholder returns.

This potential is worth paying close attention to.

[MuskVoice]

$GTE

From the 1st of July $GTE will sell 7000 baril at 60$ and 23000 at spot price (+ 70$)

= 2M$/day (700M$/year)

[roadkilll]

Thanks for sharing.
Looks like the oil shorts are capitulating today. I'm guessing Opec+ will put the breaks on at $100 to keep demand from falling off.

See lumber at 3X. The $30 trillion plus that the world handed out makes it possible for consumers to buy gas at higher prices with little complaining.

[roadkilll]

Brent closed in the green as it held $75

Crude Inventories fell much more than expected.
-7.2 million, expected -3.9 million

[shurtha2000]

high 90's next week

[roadkilll]

Think somebody knows the new price of 15,000 bopd that are coming off collars June 30th?

[shurtha2000]

there's that 298K buyer I see you

[roadkilll]

Much appreciated. "$65 oil at 30,000 bopd equals a $700 million dollar cash flow."

Also like the conservative NAV for the March 2021 quarter was calculated at $43 bopd. 1P and 2P Net Asset Value per Share Before Tax of $1.15 and $3.25" per last quarter earnings. The operation doesn't become profitable until $38.

$65 oil will do wonders. $80 for 2022....

[MuskVoice]

$GTE

AUDIO (5 MIN) ON $GTE

vocaroo.com/12CuLpZXUZ4H

[MuskVoice]

2022 is the best part of the story...

They will have less debt and will sell oil at the spot price 100%

My Advise ?


Accumulate on weakness until we see 2 to 3$/Share in 2022.

"Gran Tierra has entered into Brent oil hedges on 15,000 bopd of WI production during the first half of 2021, with a weighted average floor of $45.13/bbl and ceiling of $51.38/bbl, to provide downside price protection since 70-80% of the Company's budgeted 2021 capital investment is projected to occur during the first half of 2021; Gran Tierra has 7,000 bopd hedged(11) for the second half of 2021 with a weighted average floor of $55.75/bbl and ceiling of $63.18/bbl"

[roadkilll]

GMT should be out of the game before it crosses $1
Thinking the hedge fund had a short game going on.

[shurtha2000]

constant 300K buyer in here

[MuskVoice]

Back in...Huge news coming from Colombia...

[shurtha2000]

80's tomorrow

[Firewill65]

I have no problem waiting...$ 100 Brent is on the horizon

[MuskVoice]

GMT CAPITAL still have + 30M shares to sell...

Colombia is a mess right now.

Maybee in August....

[Firewill65]

Oil is only going up...debt is being paid down...stock price will soon show true value.

[loki]

A few more pennies and ill be green again...but im hanging on for some good profit.