Gran Tierra Energy (GTE), a Canadian Colombia-focused exploration & production company, has lost ~58% of its market value since December 2018. The stock lagged behind its closest peer Parex Resources (PARXF), which returned ~29%, while another peer Frontera Energy (FECCF) also had definitely not impressed its investors with a ~30% price decline. For a broader context, another Colombia-focused oil player Amerisur Resources, the company which I covered in April (GeoPark (GPRK) is acquiring it now) showed a 40% price jump.
The dramatic underperformance of Gran Tierra this