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Gran Tierra Energy ( (GTE) ) has shared an announcement.
Gran Tierra Energy Inc. reported a record average quarterly production of 46,647 boepd for the first quarter of 2025, driven by successful exploration and drilling activities in Ecuador and Colombia. The company also strengthened its financial position by reducing debt and securing additional liquidity through a new credit facility, positioning itself well amid commodity price volatility.
More about Gran Tierra Energy
Gran Tierra Energy Inc. operates in the oil and gas industry, focusing on exploration and production activities. The company is involved in projects across Ecuador, Colombia, and Canada, with a strong emphasis on leveraging its assets for high-return opportunities and maintaining financial flexibility.
YTD Price Performance: -41.43%
Average Trading Volume: 272,278
Technical Sentiment Signal: Buy
Current Market Cap: $158.3M
Learn more about GTE stock on TipRanks’ Stock Analysis page.