Global Cross-Asset Energy Analyst, VAC Investments

Aaditya Chintalapati, CFA

Global Cross-Asset Energy Analyst

VAC Investments

Equity Bottom-Up

Gran Tierra Energy Inc / Equity Bottom-Up

Gran Tierra Energy (GTE US)'s 2Q results once again highlight - (i) its strong operational performance from core on-shore Colombian assets; (ii) management's continued focus on lowering transportation costs and maintaining production growth whilst remaining cashflow neutral; and (iii) significant oil price leverage to revenue and cash flows.We like Gran Tierra's high-quality core assets, line-of-sight for 50 Kbo/day production from existing 2P reserves, and a well-regarded management team. With on-track production and cash flow growth underpinned by a robust balance sheet and multiple catalysts, GTE is well placed for near-term share price re-rating, we think.

Gran Tierra Energy (GTE US)'s 2Q results once again highlight - (i) its strong operational performance from core on-shore Colombian assets; (ii) management's continued focus on lowering transportation costs and maintaining production growth whilst remaining cashflow neutral; and (iii) significant oil price leverage to revenue and cash flows.We like Gran Tierra's high-quality core assets, line-of-sight for 50 Kbo/day production from existing 2P reserves, and a well-regarded management team. With on-track production and cash flow growth underpinned by a robust balance sheet and multiple catalysts, GTE is well placed for near-term share price re-rating, we think. 

Gran Tierra Energy (GTE US): Oil Price Leverage & Operational Delivery; BUY

Canada

Gran Tierra Energy, Inc. is an international oil and gas exploration and production company. The Company operates in South America.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Gran Tierra Energy Inc (GTE US)

Gran Tierra Energy (GTE US): Oil Price Leverage & Operational Delivery; BUY

Gran Tierra Energy (GTE US)'s 2Q results once again highlight - (i) its strong operational performance from core on-shore Colombian assets; (ii)...

Aaditya Chintalapati, CFA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)