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GRAN TIERRA ENERGY (GTE)

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Earnings summaries and quarterly performance for GRAN TIERRA ENERGY.

Recent press releases and 8-K filings for GTE.

Gran Tierra Energy Inc. Provides Operations Update and Announces Debt Exchange Offer
GTE
Earnings
Debt Issuance
Guidance Update
  • Gran Tierra Energy Inc. achieved its highest monthly average production in company history in December 2025 at 48,235 BOEPD.
  • The company provided preliminary unaudited financial data for the year ended December 31, 2025, estimating revenue between $590 million to $610 million and Adjusted EBITDA between $270 million to $290 million.
  • Gran Tierra announced an Exchange Offer for its US$716,340,000 outstanding 9.500% Senior Notes due 2029 for newly issued 9.500% Senior Secured Notes due 2031, along with a Consent Solicitation to amend the existing indenture.
  • The Exchange Offer is conditional on, among other things, valid tender of not less than 80% of Existing Notes and valid receipt of consents from not less than 66-2/3% of Existing Notes by the Early Participation Deadline of February 11, 2026.
Jan 29, 2026, 1:47 PM
Gran Tierra Energy Inc. Provides Preliminary Unaudited 2025 Financial and Operational Update
GTE
Earnings
Guidance Update
New Projects/Investments
  • Gran Tierra Energy reported a record-high monthly average production of 48,235 BOEPD for December 2025.
  • For the full year ended December 31, 2025, preliminary unaudited estimates include revenue between $590 million to $610 million and Adjusted EBITDA between $270 million to $290 million.
  • The company's estimated unaudited net debt as of December 31, 2025, was approximately $657 million, with capital expenditures estimated between $250 million to $270 million.
  • Gran Tierra expects to record non-cash impairment charges totaling $95 million to $135 million for certain Canadian and Colombian long-lived assets.
  • Operational highlights include achieving a daily production rate of 10,000 BOPD in Ecuador during the fourth quarter of 2025 and fulfilling all Ecuador exploration commitments.
Jan 29, 2026, 1:28 PM
Gran Tierra Energy Inc. Reports 2025 Year-End Reserves and Financial Values
GTE
Guidance Update
Demand Weakening
  • Gran Tierra Energy Inc. achieved its seventh consecutive year of South American reserves growth with over 100% reserve replacement on both proved developed producing (PDP) and proved plus probable (2P) bases for 2025.
  • As of December 31, 2025, the company reported 2P reserves of 258 MMBOE and 1P reserves of 142 MMBOE.
  • The Net Present Value Before Tax discounted at 10% (NPV10) was $1.456 billion for 1P and $2.461 billion for 2P.
  • Net Asset Value per Share Before Tax was $22.63 for 1P and $51.09 for 2P.
  • A reclassification of certain Canadian reserves to contingent resources resulted in a reduction of 19 MMBOE on a 1P basis and 32 MMBOE on a 2P basis, with these volumes now classified as 74 MMBOE unrisked 2C contingent resources.
Jan 29, 2026, 2:27 AM
Gran Tierra Energy Inc. Announces 2026 Guidance and Operations Update
GTE
Guidance Update
New Projects/Investments
Debt Issuance
  • Gran Tierra Energy Inc. announced its 2026 guidance, targeting $60 to $80 million in Free Cash Flow and 42,000 - 47,000 BOEPD in production for the Base Case.
  • The company reported current production of 48,000 to 49,000 BOEPD as of December 9, 2025.
  • The 2026 capital program, with expenditures of $120 - $160 million in the Base Case, focuses on quick-payout development projects and fulfilling commitments over the Suroriente Block.
  • Gran Tierra plans to fully address the $180 million amortization of its 2029 notes due in October 2026, supported by expected free cash flow generation.
  • The company has transitioned its Ecuador program from exploration to appraisal and development, following the successful acquisition of the Perico and Espejo Blocks.
Dec 10, 2025, 11:01 PM
Gran Tierra Energy Inc. Reports Q3 2025 Results and Operational Updates
GTE
Earnings
New Projects/Investments
Debt Issuance
  • Gran Tierra Energy Inc. reported a net loss of $(19.950) million for the third quarter of 2025, with Adjusted EBITDA of $69 million and funds flow from operations of $42 million.
  • The company's total average working interest production for Q3 2025 was 42,685 boepd, and current average production (October 1-29, 2025) is approximately 45,200 boepd, despite temporary impacts from external events.
  • Operational highlights include further exploration success in Ecuador with the Conejo A-1 and A-2 wells and a new discovery at Chanangue-1, strong waterflood response in Colombia's Cohembi field, and successful drilling of two additional Lower Montney wells in Canada.
  • Gran Tierra enhanced its liquidity by securing a $200 million prepayment facility and increasing its Canadian Credit Facility from C$50.0 million to C$75.0 million, extending its maturity to October 31, 2027.
Oct 30, 2025, 9:53 PM
Gran Tierra Energy Reports Q3 2025 Results and Operational Updates
GTE
Earnings
New Projects/Investments
Debt Issuance
  • Gran Tierra Energy Inc. reported a net loss of $20 million and Adjusted EBITDA of $69 million for the quarter ended September 30, 2025.
  • Total average working interest production for Q3 2025 was 42,685 boepd, a 30% increase from Q3 2024, though 10% lower than the prior quarter due to temporary external events. Current production averages approximately 45,200 boepd.
  • The company secured a $200 million prepayment facility and increased its Canadian Credit Facility from C$50.0 million to C$75.0 million, extending its maturity to October 31, 2027.
  • Operational successes include three major discoveries in Ecuador and the Cohembi field in Colombia achieving its highest production in a decade, surpassing 9,000 gross bopd.
  • As of September 30, 2025, Gran Tierra had a cash balance of $49 million, total debt of $804 million, and net debt of $755 million.
Oct 30, 2025, 9:20 PM
Gran Tierra Energy Subsidiary Enters Crude Oil Prepayment Agreement and Amends Credit Facility
GTE
Debt Issuance
New Projects/Investments
  • Gran Tierra Energy Inc.'s subsidiary, Gran Tierra Energy Colombia GmbH, entered into Oriente Crude Oil Agreements with Trafigura PTE Ltd. on October 24, 2025, which include a prepayment addendum providing an initial advance of up to $150 million and an additional advance of up to $50 million.
  • The funds from the prepayment addendum, which has a final maturity date of four years, will be used to repay outstanding borrowings under the existing Credit and Guaranty Agreement, finance the repurchase of senior notes, and fund capital expenditures.
  • Concurrently, an amendment to the existing Credit Agreement was executed on October 23, 2025, reducing the borrowing base to $60 million.
  • The amendment requires Gran Tierra Energy Colombia GmbH to prepay outstanding loans to no more than $20 million by the earlier of the first disbursement under the Prepayment Addendum or January 23, 2026. As of October 29, 2025, the outstanding balance under the Credit Agreement was $34.5 million.
Oct 29, 2025, 9:09 PM
Gran Tierra Energy Inc. secures $200 million prepayment agreement and amends credit facility
GTE
Debt Issuance
  • Gran Tierra Energy Inc. entered into Oriente Crude Oil Agreements, securing an initial advance of up to $150 million and a potential additional $50 million, to be satisfied by scheduled deliveries of Ecuadorian Oriente crude oil production.
  • The company also amended its Colombian credit facility, which now permits the Oriente Crude Oil Agreements, reduces the borrowing base from $75 million to $60 million, and adjusts certain financial covenants.
  • These proceeds are intended to strengthen Gran Tierra's balance sheet and enhance its financial flexibility.
Oct 24, 2025, 11:30 AM