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Stock Market & Financial Investment News

News Breaks
August 7, 2014
05:38 EDTGTEGran Tierra reports Q2 EPS 3c, consensus 14c
Reports Q2 revenue $148.5M, consensus $168.84M. Quarterly oil and natural gas production net after royalties, or NAR, adjusted for inventory changes and losses, and including volumes associated with the discontinued operations of the Argentina business unit, of 20,121 BOEPD, was an 8% decrease from production of 21,819 BOEPD for the three months ended March 31, and represents a decrease of 9% from 22,131 BOEPD in the comparable period in 2013. In 2014, an inventory increase in Colombia due to pipeline disruptions and deliveries to a new customer with a protracted sales cycle accounted for reduced production of 0.2M barrels or 1,293 BOEPD. Gran Tierra Energy expects to sell this additional inventory during Q3.
News For GTE From The Last 14 Days
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January 26, 2015
10:00 EDTGTEOn The Fly: Analyst Downgrade Summary
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06:16 EDTGTEGran Tierra downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse downgraded Gran Tierra to Neutral following disappointing well results at Bretana Sur and lower commodity price forecasts. Price target cut to $3 from $5.
January 21, 2015
10:01 EDTGTEOn The Fly: Analyst Downgrade Summary
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09:08 EDTGTEGran Tierra downgraded to Sector Perform from Outperform at Scotia Capital
07:55 EDTGTEGran Tierra upgraded to Buy at Canaccord
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06:32 EDTGTEGran Tierra downgraded to Neutral from Overweight at HSBC
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06:17 EDTGTEGran Tierra upgraded to Buy from Hold at Canaccord
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January 20, 2015
09:09 EDTGTEGran Tierra reports 2014 production from continuing ops averaged 25,200 BOEPD
Gran Tierra Energy reports oil and natural gas production from continuing operations averaged approximately 25,200 barrels of oil equivalent per day gross working interest in 2014, or approximately 19,300 BOEPD net after royalties before adjustment for inventory changes and losses, or approximately 18,500 BOEPD NAR adjusted for inventory changes and losses. Approximately 99% of the 2014 production is oil, with the balance consisting of natural gas.
January 16, 2015
11:31 EDTGTEGran Tierra upgraded to Buy from Hold at Canaccord
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