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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.
|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||$0.87|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-0.57|
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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|
|$0.02||-$17.63 million||-$17.63 million||-$37.42 million||-$47.87 million||-$107.82 million|
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.
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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.
|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|
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 "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 (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.
|Revenue TTM||$310.1 million|
|Gross profit TTM||$111.3 million|
|Return on assets TTM||-0.44%|
|Return on equity TTM||-68.57%|
|Market capitalisation||$321.9 million|
TTM: trailing 12 months
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) 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.
We're not expecting Gran Tierra Energy to pay a dividend over the next 12 months.
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.
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 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. .
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