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

Gran Tierra Energy Inc. (NYSE:GTEGet Rating) gapped up prior to trading 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 changing hands.

Gran Tierra Energy Stock Down 0.8 %

The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.71 and a current ratio of 0.71. The firm has a market capitalization of $486.91 million, a P/E ratio of 2.93 and a beta of 1.74. The stock has a fifty day moving average price of $1.29 and a two-hundred day moving average price of $1.45.

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

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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