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home / news releases / GTE - Gran Tierra Energy: Mr. Market Went Overboard Again

GTE - Gran Tierra Energy: Mr. Market Went Overboard Again

Gran Tierra Energy Inc.
  • Management decided to reduce debt in the next fiscal year.
  • That could allow a speculative stock price recovery.
  • Generally South American production costs are pretty low.
  • The latest 2021 forecast shows a debt ratio barely acceptable for the base case.
  • Interest and financing costs of nearly $5 per barrel are much too high.

For further details see:

Gran Tierra Energy: Mr. Market Went Overboard Again
Stock Information
Company Name: Gran Tierra Energy Inc.
Stock Symbol: GTE
Market: NYSE
Website: grantierra.com
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