Added to YB: 2026-09-10
Pitch date: 2026-09-08
GTE [neutral]
Gran Tierra Energy Inc.
+0.67%
current return
Author Info
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Company Info
Gran Tierra Energy Inc., together with its subsidiaries, is involved in the exploration and production of oil and gas properties in Colombia, Canada, and Ecuador.
Market Cap
$357.3M
Pitch Price
$10.40
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.80
P/E
-1.40
EV/Sales
1.34
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
$GTE: the sale is 1.33 billion, and the net cash is 315 million
GTE (overview): Gran Tierra’s proposed $1.33B sale of its Colombia and Ecuador businesses is expected to generate approximately $315M of net cash versus a $357.3M market cap: about $250M at closing and a $62.5M unsecured 364-day note from the buyer’s subsidiary. Management plans to substantially eliminate debt and invest in Canada and Azerbaijan, with no distribution promised. Key uncertainties are regulatory and bondholder approvals, final pre-payment-facility usage and any shift toward returning capital.
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