How to buy Gran Tierra Energy stock | $0.88

Shares of Gran Tierra Energy have been surging since late August, 2021, after a strong earnings report and some management changes. Shares of small energy companies have generally been strong lately, likely due to higher oil and gas prices.

At about 60 cents per share, it’s still about half off its 52-week high. Our technical analysis from TradingView, below, rates it a buy.

Gran Tierra Energy Inc is an oil & gas e&p business based in the US. Gran Tierra Energy shares (GTE) are listed on the NYSE MKT and all prices are listed in US Dollars. Gran Tierra Energy employs 322 staff and has a trailing 12-month revenue of around 0.00.

Gran Tierra Energy stock price (NYSE MKT: GTE)

Use our graph to track the performance of GTE stocks over time.

Gran Tierra Energy shares at a glance

• Key figures

Information last updated 2021-10-16.

Latest market close	$0.88
52-week range	$0.18 - $1.23
50-day moving average	$0.70
200-day moving average	$0.66
Wall St. target price	$0.87
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	$-0.57

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What earnings say about Gran Tierra Energy

Gran Tierra Energy is expected to report earnings in November. Here’s a look at recent results for this closely watched number.

Next earnings report	Analysts’ Q3 earnings per share estimate	Latest earnings	Q2 2021	Q1 2021	Q4 2020	Q3 2020
Nov. 1, 2021 (Estimated)	$0.02	-$17.63 million	-$17.63 million	-$37.42 million	-$47.87 million	-$107.82 million

Stock performance after earnings

Stocks frequently make significant price moves in the wake of earnings reports. But those price movements can be volatile, and direction is hard to predict. It’s important to use caution when trading shares immediately before or after an earnings announcement.

Is it a good time to buy Gran Tierra Energy stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Gran Tierra Energy price performance over time

Historical closes compared with the close of $0.88 from 2021-10-15

1 week (2021-10-06)	-2.23%
1 month (2021-09-13)	N/A
3 months (2021-07-16)	41.94%
6 months (2021-04-16)	35.38%

1 year (2020-10-16)	300.00%
2 years (2019-10-17)	-15.38%
3 years (2018-10-17)	3.45
5 years (2016-10-17)	3.08

Is Gran Tierra Energy under- or over-valued?

Valuing Gran Tierra Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Gran Tierra Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Gran Tierra Energy's PEG ratio

Gran Tierra Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.2303. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Gran Tierra Energy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Gran Tierra Energy's EBITDA

Gran Tierra Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $115.7 million.

The EBITDA is a measure of a Gran Tierra Energy's overall financial performance and is widely used to measure a its profitability.

Gran Tierra Energy financials

Revenue TTM	$310.1 million
Gross profit TTM	$111.3 million
Return on assets TTM	-0.44%
Return on equity TTM	-68.57%
Profit margin	-67.97%
Book value	$0.55
Market capitalisation	$321.9 million

TTM: trailing 12 months

Shorting Gran Tierra Energy shares

There are currently 278,852 Gran Tierra Energy shares held short by investors – that's known as Gran Tierra Energy's "short interest". This figure is 54.3% down from 610,401 last month.

There are a few different ways that this level of interest in shorting Gran Tierra Energy shares can be evaluated.

Gran Tierra Energy's "short interest ratio" (SIR)

Gran Tierra Energy's "short interest ratio" (SIR) is the quantity of Gran Tierra Energy shares currently shorted divided by the average quantity of Gran Tierra Energy shares traded daily (recently around 4.0 million). Gran Tierra Energy's SIR currently stands at 0.07. In other words for every 100,000 Gran Tierra Energy shares traded daily on the market, roughly 70 shares are currently held short.

However Gran Tierra Energy's short interest can also be evaluated against the total number of Gran Tierra Energy shares, or, against the total number of tradable Gran Tierra Energy shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Gran Tierra Energy's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Gran Tierra Energy shares in existence, roughly 0 shares are currently held short) or 0.0009% of the tradable shares (for every 100,000 tradable Gran Tierra Energy shares, roughly 1 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Gran Tierra Energy.

Find out more about how you can short Gran Tierra Energy stock.

Gran Tierra Energy share dividends

We're not expecting Gran Tierra Energy to pay a dividend over the next 12 months.

Have Gran Tierra Energy's shares ever split?

Gran Tierra Energy's shares were split on a 90:23 basis on 11 September 2005. So if you had owned 23 shares the day before before the split, the next day you'd have owned 90 shares. This wouldn't directly have changed the overall worth of your Gran Tierra Energy shares – just the quantity. However, indirectly, the new 74.4% lower share price could have impacted the market appetite for Gran Tierra Energy shares which in turn could have impacted Gran Tierra Energy's share price.

Gran Tierra Energy share price volatility

Over the last 12 months, Gran Tierra Energy's shares have ranged in value from as little as $0.18 up to $1.23. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE MKT average) beta is 1, while Gran Tierra Energy's is 2.0302. This would suggest that Gran Tierra Energy's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Gran Tierra Energy overview

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, 2020, it had total proved undeveloped reserves of 26. 2 million barrels of oil equivalent in Colombia. The company was incorporated in 2003 and is headquartered in Calgary, Canada. .

Frequently asked questions

What percentage of Gran Tierra Energy is owned by insiders or institutions?
Currently 2.293% of Gran Tierra Energy shares are held by insiders and 20.946% by institutions. How many people work for Gran Tierra Energy?
Latest data suggests 322 work at Gran Tierra Energy. When does the fiscal year end for Gran Tierra Energy?
Gran Tierra Energy's fiscal year ends in December. Where is Gran Tierra Energy based?
Gran Tierra Energy's address is: 520 ? 3rd Avenue SW, Calgary, AB, Canada, T2P 0R3 What is Gran Tierra Energy's ISIN number?
Gran Tierra Energy's international securities identification number is: US38500T1016 What is Gran Tierra Energy's CUSIP number?
Gran Tierra Energy's Committee on Uniform Securities Identification Procedures number is: 38500T101