QUOTE AND NEWS
MarketWatch  Jan 20  Comment 
The Tiguan GTE Active Concept sports a different kind of hybrid gas-electric powertrain.
OilVoice  Jan 15  Comment 
Gran Tierra Energy Inc. TSXGTE NYSEGTE is pleased to announce that today the Company entered into an agreement with PetroGranada Limited to acquire all of the issued and outstanding shares of Pe
Automotive World  Sep 28  Comment 
Two new models added to the Passat range Volkswagen is extending its Passat range, adding the GTE and Alltrack. These models are available immediately at German Volkswagen dealers. For a year now, the three distinctive letters GTE have stood for...
OilVoice  Aug 5  Comment 
Gran Tierra Energy Inc. NYSE MKT GTE TSX GTE a company focused on oil and gas exploration and production in Colombia today announced its financial and operating results for the quarter ended Ju
Automotive World  Jul 13  Comment 
Volkswagen continues e-motoring offensive with plug-in hybrid Passat GTE delivers 218 PS and travels up to 50 kilometres on all-electric power First Volkswagen plug-in hybrid in the high-volume segment of large family cars The Volkswagen continues...
Forbes  Jun 29  Comment 
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they...
Automotive World  Jun 26  Comment 
Automotive club “Kraftfahrerschutz e.V.” recognises the Volkswagen Group for eighth time This year, the Energy and Environment Prize of the automobile club “Kraftfahrer Schutz e.V.” (KS) is being awarded to the Volkswagen Group. A jury of...
Automotive World  May 14  Comment 
For more than three decades, the south bank of Lake Wörthersee in Austria has become the home for GTI fans from around the world. And it has long since become a tradition for Volkswagen – the inventor of the GTI – to present an automotive...




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Gran Tierra Energy (AMEX:GTE) is an oil and gas exploration company. Gran Tierra acquires promising regions, explores and develops them, and sells the resulting fuel to larger companies. The properties are all located in South America, though this may be subject to change depending on where opportunities are. Gran Tierra's business relies on receiving exploration and drilling rights for regions in South America.[1]

Company Overview

For the full year 2010, Gran Tierra reported a total revenue of $373M. This compares to a total revenue of $263M in 2009. The company also had a net income of $37M in 2010 and $14M in 2009.[2]

Trends & Forces

Reliance on rights to explore and develop

Gran Tierra focuses its efforts on South American oil reserves. The ability to explore and develop wells in these regions must be accepted by the local and regional governments. The competition for these licenses is highly competitive as there are a large number of other oil and gas companies that operate in the region. In addition, the rights rely on maintaining a strong relationship with relevant government leaders. This is particularly true in South America which has had relatively high levels of political instability.[3]



References

  1. GTE 10-k Item 1 Business "General" pg 3
  2. GTE 10-k Item 1 Business "Selected Financial Data" pg 43
  3. GTE 10-k Item 1 Business "Risks Related to Our Business" pg 16-20
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