Gran Tierra Energy Secures New US$75 Million Credit Facility

The latest announcement is out from Gran Tierra Energy ( (GTE) ).

Gran Tierra Energy Inc. has announced a new US$75 million credit facility through its subsidiary, Gran Tierra Energy Colombia GmbH. This facility, which has a maturity date of 36 months from the closing date, is designed to enhance the company’s liquidity and operational flexibility. The credit facility underscores the strength of Gran Tierra’s assets and cash flow generation, supporting its strategy to strengthen its balance sheet and deliver long-term value to stakeholders.

More about Gran Tierra Energy

Gran Tierra Energy Inc. is an independent international energy company focused on oil and natural gas exploration and production in Canada, Colombia, and Ecuador. The company is actively developing its existing portfolio and seeking new growth opportunities, with its common stock traded on the NYSE American, Toronto Stock Exchange, and London Stock Exchange under the ticker symbol GTE.

YTD Price Performance: -43.69%

Average Trading Volume: 302,811

Technical Sentiment Signal: Buy

Current Market Cap: $148.2M

See more data about GTE stock on TipRanks’ Stock Analysis page.