Gran Tierra Energy Inc. (GTE) Stock Price & Analysis
Gran Tierra Energy Inc. (GTE) closed at USD 11.57 on Wednesday, October 28, 2026, up 0.43% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 11.52; the Oct 28, 2026 session ranged USD 11.49–11.66 on volume of 271,925 shares. Market capitalization is $409.35M, with a 52-week range of USD 3.09–11.94 (ASE). Source: Nexqual, retrieved October 29, 2026 at 07:43 UTC.
Also available as compact Markdown for AI agents: nexqual.com/GTE.md
Key facts (GTE)
- Last four reported quarters (through Jun 30, 2026): revenue $638M, net income -$255M (-40.0% margin) (SEC filings).
- Insider open-market sales, last ~7 months: 4 Form 4 filings, $27.5M; 4 not under a Rule 10b5-1 plan ($27.5M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 6 Form 4 filings, $3.0M; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 2.17 on a 1–5 scale) (6 analysts).
- Total return with dividends: 1Y +206.9% vs S&P 500 +13.6%; 5Y +25.8% vs S&P 500 +79.8%.
- Next earnings: 2026-11-05, EPS estimate USD -0.15, revenue estimate $157M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (GTE)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $474M | $711M | $637M | $622M | $597M | $638M |
| Gross profit | $326M | $539M | $436M | $401M | $331M | — |
| Net income | $42.5M | $139M | -$6.3M | $3.2M | -$193M | -$255M |
| EPS (diluted) | $1.15 | $3.76 | -$0.19 | $0.10 | -$5.45 | — |
| Gross margin | 68.9% | 75.7% | 68.4% | 64.5% | 55.5% | — |
| Net margin | 9.0% | 19.5% | -1.0% | 0.5% | -32.4% | -40.0% |
| Revenue growth | +99.2% | +50.2% | -10.5% | -2.4% | -4.0% | — |
| Cash + short-term investments | — | — | $62.1M | $103M | $82.9M | — |
| Total debt | $654M | $590M | $493M | $727M | $696M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (GTE)
P/S 0.6x · EV/Sales 1.3x · P/B 3.1x · Earnings yield -62.39% · Buyback yield (TTM) 0.00% · Net debt $448M · EV $858M
P/E at fiscal year-ends: Dec 2024 72.0x.
Insider sales (SEC Form 4, open-market, last ~7 months) (GTE)
0 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-13…2026-08-14 | Equinox Partners Investment Management Llc | 674,949 | $6.3M | 16.3% | No | Too little history (no open-market trades in 2023 or 2024) | |
| 2026-08-11…2026-08-12 | Equinox Partners Investment Management Llc | 413,887 | $3.9M | 9.1% | No | Too little history (no open-market trades in 2023 or 2024) | |
| 2026-08-07…2026-08-10 | Equinox Partners Investment Management Llc | 218,053 | $2.0M | 4.6% | No | Too little history (no open-market trades in 2023 or 2024) | |
| 2026-08-05…2026-08-06 | Equinox Partners Investment Management Llc | 1,600,000 | $15.4M | 25.1% | No | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (GTE)
6 purchases, $3.0M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-03…2026-08-04 | Lm Asset Management Inc. | 58,000 | $400K | 6.89 | Too little history (no open-market trades in 2023 or 2024) | |
| 2026-06-25 | Lm Asset Management Inc. | 32,000 | $193K | 6.04 | Too little history (no open-market trades in 2023 or 2024) | |
| 2026-06-05…2026-06-09 | Lm Asset Management Inc. | 86,000 | $635K | 7.38 | Too little history (no open-market trades in 2023 or 2024) | |
| 2026-05-22…2026-05-26 | Lm Asset Management Inc. | 75,000 | $624K | 8.32 | Too little history (no open-market trades in 2023 or 2024) | |
| 2026-05-07…2026-05-11 | Lm Asset Management Inc. | 30,000 | $256K | 8.53 | Too little history (no open-market trades in 2023 or 2024) | |
| 2026-05-01…2026-05-05 | Lm Asset Management Inc. | 97,000 | $891K | 9.19 | Too little history (no open-market trades in 2023 or 2024) |
Analysts (GTE)
Consensus Buy (mean 2.17 on a 1–5 scale), 6 analysts.
Total return (dividends reinvested) (GTE)
| 1Y (from 2025-10-29) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +206.9% | +25.8% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | +208.1% | +4.7% |
| Volatility (annualized) | 73.9% | 61.0% |
| Max drawdown | -37.9% (May 2026→Jul 2026) | -81.6% (May 2022→Oct 2025) |
GTE major shareholder filing: Schedule 13D/A, Aug 7, 2026
Equinox Partners Investment Management LLC, Equinox Partners, L.P., Kuroto Fund LP filed a Schedule 13D/A with the SEC on Aug 7, 2026, reporting up to 13.50% of the class. A Schedule 13D is filed by an owner of more than 5% who may seek to influence the company. Item 4 (Purpose of Transaction), quoted from the filing:
The Reporting Persons purchased the Shares based on the Reporting Persons' belief that the Shares, when purchased, were undervalued and represented an attractive investment opportunity. Depending upon overall market conditions, other investment opportunities available to the Reporting Persons, and the availability of Shares at prices that would make the purchase or sale of Shares desirable, the Reporting Persons may endeavor to increase or decrease their position in the Issuer through, among other things, the purchase or sale of Shares on the open market or in private transactions or otherwise, on such terms and at such times as the Reporting Persons may deem advisable. Brad Virbitsky, a portfolio manager and partner at EPIM, was appointed to the Issuer's Board of Directors as an independent director, effective September 30, 2025, prompting the change from a 13G to a 13D filer. Mr. Virbitsky resigned from the Issuer's Board of Directors on March 12, 2026. No Reporting Person has any present plan or proposal which would relate to or result in any of the matters set forth in Item 4(a) through (j) of this Schedule 13D except as set forth herein or such as would occur upon or in connection with completion of, or following, any of the actions discussed herein. The Reporting Persons intend to review their investment in the Issuer on a continuing basis. …
Source: SEC EDGAR, Schedule 13D/A filed Aug 7, 2026. Quoted word for word; Nexqual adds no interpretation.
GTE earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $0.70 | $0.34 | Beat +105.9% | — |
| — | Quarter ended Mar 31, 2026 | −$3.38 | −$1.32 | Miss −156.1% | — |
| — | Quarter ended Dec 31, 2025 | −$4.00 | −$0.16 | Miss −2400.0% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
GTE recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 9, 2026 | 8-K | Shareholder vote results; Other material event “Also on October 9, 2026, the Company issued a press release announcing that the Company's stockholders had approved the Share Purchase Agreement and the transactions contemplated thereby, including the Sale, at the Special Meeting. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.” |
| Oct 7, 2026 | DEFA14A | Additional proxy material |
| Sep 23, 2026 | DEFA14A | Additional proxy material |
| Sep 17, 2026 | Schedule 13G/A | Equinox Partners Investment Management LLC, Equinox Partners, L.P.: 4.3% of shares, passive 5%+ holder (amended) |
| Aug 17, 2026 | Schedule 13G | Equinox Partners Investment Management LLC, Equinox Partners, L.P.: 9.8% of shares, passive 5%+ holder |
| Aug 13, 2026 | Schedule 13D/A | Equinox Partners Investment Management LLC, Equinox Partners, L.P.: 11.7% of shares, 5%+ holder that may seek to influence the company (amended) |
| Aug 12, 2026 | Schedule 13G/A | Daniel Lau, Christine Man: 13.6% of shares, passive 5%+ holder (amended) |
| Aug 10, 2026 | DEFA14A | Additional proxy material |
| Aug 10, 2026 | 8-K/A | Current report |
| Aug 7, 2026 | Schedule 13D/A | Equinox Partners Investment Management LLC, Equinox Partners, L.P.: 13.5% of shares, 5%+ holder that may seek to influence the company (amended) “The Reporting Persons purchased the Shares based on the Reporting Persons' belief that the Shares, when purchased, were undervalued and represented an attractive investment opportunity. Depending upon overall market conditions, other investment opportunities available to the…” |
| Aug 5, 2026 | DEFA14A | Additional proxy material |
| Aug 5, 2026 | 8-K | Entered a material agreement; Other material event “On August 5, 2026, Gran Tierra Energy Inc., a Delaware corporation (the "Company"), entered into a Share Sale and Purchase Agreement (the "Share Purchase Agreement") with Gran Tierra Energy International Holdings GmbH, a limited liability company incorporated under the laws of Switzerland and an indirect subsidiary of the Company (the "Seller"), tablissements Maurel & Prom S.A., a company organized and existing under the laws of France (the "Purchaser Guarantor"), and Maurel & Prom Andina, a company organized and…” |
| Aug 5, 2026 | 8-K | Quarterly results |
| Aug 5, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
GTE revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Colombia | $118.1M | 63.1% | +7.7% |
| Ecuador | $42.0M | 22.4% | +394.0% |
| Canada | $27.1M | 14.5% | -13.1% |
| Total revenue | $187.2M | 100% | — |
GTE revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Colombia | $118.1M | 63.1% | +7.7% |
| Ecuador | $42.0M | 22.4% | +394.0% |
| Canada | $27.1M | 14.5% | -13.1% |
| Total revenue | $187.2M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
GTE suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | ExxonMobil (XOM) | “From May 2001 to July 2014, Mr. Morin worked at Imperial Oil (Esso) and ExxonMobil, where he achieved more senior technical and managerial positions in upstream and downstream including roles in drilling and completions, reservoir development, production, customer service and distribution, mostly onshore but also with experience offshore in the Gulf” |
Quoted from the company's 10-K filed Mar 4, 2026.
GTE company outlook (results filed Aug 5, 2026)
- “The decrease in production when compared to the second quarter of 2025 is attributable to lower production in Colombia and the sale of Simonette and Lodgepole assets in Canada, partially offset by higher than anticipated production results from Conejo-1 well and additional production from the Perico Block in Ecuador acquired in December 2025.”
- “Ecuador production averaged 7,993 bopd in the Quarter, supported by strong performance from Conejo discoveries and an earlier than expected response to water injection at Chanangue.”
- “Contingent resources may include, for example, projects for which there are currently no viable markets, or where commercial recovery is dependent on technology under development, or where evaluation of the accumulation is insufficient to clearly assess commerciality. 2 Under the COGEH, a range of contingent resources estimates (low, best and high) are recommended.”
- “(c) High estimate means there is at least a 10 percent probability (P10) that the quantities actually recovered will equal or exceed the high estimate; and (d) Mean estimate represents the arithmetic average of the expected recoverable volume.”
Quoted word-for-word from the SEC 8-K results press release.
GTE analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.15 | $0.36 | −$0.51 | $157.0M | 2 |
| Next quarter (ends Dec 2026) | $-0.36 | $0.25 | −$0.61 | $164.0M | 1 |
| Current fiscal year (ends Dec 2026) | $-1.21 | $0.07 | −$1.28 | $702.3M | 2 |
| Next fiscal year (ends Dec 2027) | $0.19 | $-0.44 | +$0.63 | $130.9M | 1 |
Key Statistics (as of October 29, 2026 at 07:43 UTC)
| Price | USD 11.57 |
|---|---|
| Change | ▲ 0.43% (up) |
| Previous Close | USD 11.52 |
| Open | USD 11.59 |
| Day Range | USD 11.49 – 11.66 |
| 52-Week Range | USD 3.09 – 11.94 |
| Volume | 271,925 shares |
| Market Cap | $409.35M |
| Exchange | ASE |
Technical Analysis (GTE)
Nexqual's technical model rates GTE "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 29, 2026 at 07:43 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 60.74 (neutral) |
| vs SMA50 | Above (USD 10.44) |
| MACD | 0.4 (positive) |
Analyst Ratings (GTE)
Wall Street analysts rate GTE "Buy" based on 6 analysts, per Nexqual as of October 29, 2026 at 07:43 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 6 |
| Buy / Hold / Sell | 4 / 2 / 0 |
Earnings (GTE)
| Next Earnings Date | 2026-11-05 |
|---|---|
| Revenue Estimate | $157.00M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.7 vs est 0.34 ▲ beat |
| 2026-03-31 | USD -3.38 vs est -1.32 ▼ miss |
| 2025-12-31 | USD -4 vs est -0.16 ▼ miss |
Source: Nexqual, October 29, 2026 at 07:43 UTC.
Financials & Fundamentals (GTE)
| Total Revenue | $638.42M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +25.30% |
| Gross Margin | +59.13% |
| Operating Margin | +37.61% |
| Profit Margin | -40.01% |
| ROE | -97.85% |
| Debt / Equity | 4.71 |
| Current Ratio | 0.48 |
| Total Cash | $126.73M |
| Total Debt | $622.73M |
Source: Nexqual, October 29, 2026 at 07:43 UTC.
Financial Health Score (GTE)
Nexqual rates Gran Tierra Energy Inc.'s overall financial health "Weak" across five dimensions, as of October 29, 2026 at 07:43 UTC.
| Growth | Weak — Revenue -4% YoY (annual), declining |
|---|---|
| Profitability | Strong — Gross margin 59%, operating 38% (last 12 months) |
| Balance Sheet | Critical — $127M cash and investments vs $575M debt (Jun 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $313M (FY ended Dec 2025, 10-K) |
| Efficiency | Critical — ROE -193%, ROA -16.3% (last 4 quarters, SEC) |
Ownership (GTE)
| Insider Ownership | +3.77% |
|---|---|
| Institutional Ownership | +53.26% |
| Shares Outstanding | 35.38M |
| Float | 33.97M |
| Short % of Float | +2.38% |
Source: Nexqual, October 29, 2026 at 07:43 UTC.
Leadership (GTE)
Gran Tierra Energy Inc. is led by Gary Stephen Guidry P.Eng., President, CEO & Director, per Nexqual as of October 29, 2026 at 07:43 UTC.
| President, CEO & Director | Gary Stephen Guidry P.Eng. |
|---|---|
| Executive VP of Finance & CFO | Ryan Paul Ellson C.A. |
| Chief Operating Officer | Sebastien Morin |
| Executive Vice President of Corporate Services | James Randall Evans |
| President & Country Manager of GTE Azerbaijan | Enrique Villalobos |
Major Backers & Investors (GTE)
Notable institutional backers of Gran Tierra Energy Inc. include Equinox Partners Investment Management, LLC, LM Asset Management, Inc, American Century Companies Inc, according to Nexqual as of October 29, 2026 at 07:43 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Equinox Partners Investment Management, LLC | 18.04% |
| LM Asset Management, Inc | 12.34% |
| American Century Companies Inc | 4.81% |
| Two Sigma Investments, LP | 3.92% |
| Shaw D.E. & Co., Inc. | 3.27% |
| Renaissance Technologies | 2.71% |
| Arrowstreet Capital, Limited Partnership | 2.27% |
| Bridgeway Capital Management, LLC | 1.63% |
Source: Nexqual, October 29, 2026 at 07:43 UTC.
Legal & Regulatory Risks from Gran Tierra Energy Inc.'s Latest 10-K (filed 2026-03-04)
- We are subject to anti-bribery laws in the United States, Canada, Ecuador and Colombia and will be subject to similar laws in other jurisdictions where we may operate in the future, such as Azerbaijan.
- Risks Related to Ownership of our Common Stock
- The market price for shares of our Common Stock has experienced and may continue to experience volatility.
Source: SEC EDGAR 10-K, Item 1A, official filing.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| BSM | Black Stone Minerals, L.P. | USD 14.86 | ▲ 0.41% |
| BTE | Baytex Energy Corp | USD 5.46 | ▲ 0.74% |
| CRK | Comstock Resources, Inc. | USD 14.87 | ▼ 0.2% |
| CRC | California Resources Corporatio | USD 54.72 | ▲ 1.13% |
| CRGY | Crescent Energy Company | USD 13.75 | ▲ 0.44% |
| CNX | CNX Resources Corporation | USD 38.05 | ▼ 1.37% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 07:43 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt