QUOTE AND NEWS
TheStreet.com  Feb 9  Comment 
NEW YORK (TheStreet) -- Gran Tierra Energy shares are up 4.55% to $2.87 in early market trading on Monday as oil prices rebound following the release of OPEC's monthly report before the opening bell today. The oil cartel said that while demand...
TheStreet.com  Feb 3  Comment 
NEW YORK (TheStreet) -- Shares of Gran Tierra Energy are up 10.96% to $2.53 on heavy trading volume after oil prices soared to a one-month high on Tuesday, providing investors some respite from a prolonged selloff that rattled financial...
OilVoice  Feb 3  Comment 
Gran Tierra Energy Inc. NYSE MKT GTE TSX GTE a company focused on oil exploration and production in South America today announced the results of an independent reserve evaluation of the company
TheStreet.com  Feb 2  Comment 
NEW YORK (TheStreet) -- Shares of Gran Tierra Energy  rose 7.94% to $2.31 in late morning trading Monday as oil prices extended Friday's rally. WTI crude was up 0.31% to $48.39 at 11:08 a.m., while Brent crude was up 0.62% to $53.32,...
TheStreet.com  Jan 20  Comment 
NEW YORK (TheStreet) -- Shares of Gran Tierra Energy  plummeted more than 30% to a 52-week low of $2.46 in morning trading Tuesday after the company announced an operations update. Gran Tierra said oil and natural gas production from...
Automotive World  Jan 12  Comment 
Mid-size SUV uses V6 plug-in hybrid drivetrain, with 276-horsepower 3.6 VR6® FSI engine, two electric motors (54 and 114 hp) and all-wheel drive The front end of the concept car offers a look at a new SUV for the U.S. Interactive gesture control...
OilVoice  Nov 6  Comment 
Gran Tierra Energy Inc. NYSE MKT GTE TSX GTE a company focused on oil and gas exploration and production in South America today announced its financial and operating results for the quarter end
Automotive World  Sep 29  Comment 
World premiere of the new Passat GTE at the Paris Motor Show: for the first time, plug-in hybrid drive for Passat Saloon and Estate cars Electric car: the Passat GTE can be driven up to 50 km in an all-electric mode Touring car: Paris-London-Paris...




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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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