Sector: Oil & gas
Geography: Colombia
COMM_GTE
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: yahoo_fundamentals_timeseries/GTE
Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueM USD | Operating profitM USD | D&AM USD | EBITDAM USD | Net profitM USD | Operating CFM USD | Capex + M&AM USD | AssetsM USD | EquityM USD | ROE (annualized) | Net debtM USD | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | Q1 2026 (3M) | OK | 172.1 y/y 2.3% | -145.8 y/y — | 69.9 y/y -3.2% | -75.9 y/y -234.4% | -119.2 y/y — | 172.7 | -41.5 | 1635.1 y/y -1.7% | 108.9 y/y -72.3% | -282.3% | 471.0 | Link |
| 2025-12-31 | Q4 2025 (3M) | OK | 126.8 y/y -13.9% | -177.8 y/y -711.6% | 130.7 y/y 133.9% | -47.1 y/y -238.7% | -141.1 y/y -312.6% | 157.2 | -57.7 | 1586.1 y/y -4.2% | 228.7 y/y -44.7% | -64.9% | 624.8 | Link |
| 2025-09-30 | Q3 2025 (3M) | OK | 149.3 y/y -1.4% | -31.2 y/y -242.6% | 65.0 y/y 16.9% | 33.8 y/y -56.4% | -19.9 y/y -1860.8% | 48.1 | -64.2 | 1655.8 y/y 8.0% | 366.0 y/y -13.0% | -7.0% | 712.7 | Link |
| 2025-06-30 | Q2 2025 (3M) | OK | 152.5 y/y -7.9% | -8.1 y/y -129.6% | 0.0 y/y -100.0% | -8.1 y/y -109.8% | -12.7 y/y -135.0% | 34.7 | -86.5 | 1697.0 y/y 23.0% | 389.8 y/y -7.4% | -13.0% | 711.6 | Link |
| 2025-03-31 | Q1 2025 (3M) | OK | 168.2 y/y 6.7% | -15.7 y/y -190.8% | 72.2 y/y 28.6% | 56.5 y/y -23.1% | -19.3 y/y — | 73.2 | -67.5 | 1662.7 y/y 18.6% | 393.8 y/y 0.5% | -19.1% | 649.7 | Link |
| 2024-12-31 | Q4 2024 (3M) | OK | 147.3 y/y -4.9% | -21.9 y/y -265.9% | 55.9 y/y 20.8% | 34.0 y/y -42.9% | -34.2 y/y -543.7% | 26.6 | -188.7 | 1654.8 y/y 24.8% | 413.6 y/y 4.3% | 0.8% | 643.6 | Link |
| 2024-09-30 | Q3 2024 (3M) | OK | 151.4 y/y -15.9% | 21.9 y/y -53.3% | 55.6 y/y 1.0% | 77.5 y/y -24.0% | 1.1 y/y -82.6% | 78.7 | -49.8 | 1533.4 y/y 10.6% | 420.9 y/y 6.7% | 0.4% | 465.5 | Link |
| 2024-06-30 | Q2 2024 (3M) | OK | 165.6 y/y 4.9% | 27.3 y/y 19.2% | 55.5 y/y -1.3% | 82.8 y/y 4.6% | 36.4 y/y — | 73.2 | -75.2 | 1379.6 y/y 5.4% | 420.9 y/y 8.6% | 35.8% | 491.5 | Link |
| 2024-03-31 | Q1 2024 (3M) | OK | 157.6 y/y 9.3% | 17.3 y/y -25.3% | 56.1 y/y 7.6% | 73.5 y/y -2.5% | -0.1 y/y — | 60.8 | -38.8 | 1402.4 y/y 5.7% | 392.0 y/y -1.4% | -0.1% | 481.2 | Link |
| 2023-12-31 | Q4 2023 (3M) | OK | 154.9 y/y — | 13.2 y/y — | 46.3 y/y — | 59.5 y/y — | 7.7 y/y — | 70.5 | -21.0 | 1326.3 y/y — | 396.4 y/y — | -1.6% | 493.0 | Link |
| 2023-09-30 | Q3 2023 (3M) | OK | 179.9 y/y — | 46.9 y/y — | 55.0 y/y — | 101.9 y/y — | 6.5 y/y — | 70.4 | -63.2 | 1386.0 y/y — | 394.5 y/y — | 2.2% | 514.2 | Link |
| 2023-06-30 | Q2 2023 (3M) | OK | 157.9 y/y — | 22.9 y/y — | 56.2 y/y — | 79.1 y/y — | -10.8 y/y — | 37.9 | -71.3 | 1309.4 y/y — | 387.4 y/y — | -11.0% | 517.3 | Link |
| 2023-03-31 | Q1 2023 (3M) | OK | 144.2 y/y — | 23.2 y/y — | 52.2 y/y — | 75.4 y/y — | -9.7 y/y — | 49.3 | -71.1 | 1326.4 y/y — | 397.8 y/y — | — | 475.7 | Link |
Quarterly values ($ mln)
Year-over-year change
FCF ($ mln)
Net debt / cash ($ mln)
Physical operating metrics — supplementary, not part of the financial statements
Oil and Gas E and P
| Year | Reserves, mln boe |
|---|---|
| 2025 | 112 |
| 2024 | 135 |
| 2023 | 74 |
| 2022 | 66 |
| 2021 | 67 |
| 2020 | 65 |
| Year | Production, mln boe | per day |
|---|---|---|
| 2026 | 4.14 * (3M) −2.5% | 45 341 |
| 2025 | 16.70 +31.8% | 45 752 |
| 2024 | 12.67 +6.3% | 34 710 |
| 2023 | 11.92 +6.2% | 32 647 |
| 2022 | 11.22 +16.0% | 30 746 |
| 2021 | 9.68 | 26 507 |
| 2020 | 1.72 * (3M) | 18 879 |
* partial year
EI1 ___NASDAQ_press_comm (NASDAQ / SEC filings)
Current 100spot vs LTM +31%
EI1 PHP analysis (Wd_Strategy_Results_Comm.Potential_min3y) — the production commodity re-rating upside.
Upside: -9.1%
Main driver: Brent +31% vs LTM; revenue ×1.31 vs costs ×1.05; EBITDA 7→14; at 10.1× EV/EBITDA → -9%.
Product prices — moves vs the LTM average
| Commodity | Share | Spot | LTM | 3-yr | vs LTM, $ | 3y vs LTM |
|---|---|---|---|---|---|---|
| Brent (rev) | +100% | 100.22 | 76.58 | 80.38 | +31% | +5% |
| WTI Crude Oil (cost) | -3% | 91.84 | 72.31 | 76.26 | +27% | +5% |
| Henry Hub Gas (cost) | -1% | 2.91 | 3.37 | 3.11 | -14% | -8% |
How it is calculated — revenue → costs → EBITDA → target market cap
| 1 · Reported baseline (LTM) | |
| LTM revenue | 606 |
| LTM EBITDA | 7 |
| LTM cash costs (revenue − EBITDA) | 600 |
| 2 · Revenue projection | |
| Revenue multiplier — spot | ×1.309 (+31%) |
| = Spot revenue | 794 |
| Revenue multiplier — 3y price | ×1.050 (+5%) |
| = 3-year-price revenue | 636 |
| 3 · Costs projection | |
| Cost multiplier — spot | ×1.045 (+5%) |
| = Spot cash costs | 627 |
| Cost multiplier — 3y price | ×1.039 (+4%) |
| = 3-year-price cash costs | 623 |
| 4 · EBITDA projection (revenue − costs) | |
| = Spot EBITDA | 167 |
| = 3-year-price EBITDA | 13 |
| Conservative EBITDA = min(spot, avg) | 14 |
| 5 · Valuation → target market cap | |
| Historical EV/projected-EBITDA (75th pct) | 10.1x |
| Target EV = EV/EBITDA × conservative EBITDA | 137 |
| Net debt | 541 |
| Target market cap = EV − net debt | -403 |
| Current market cap | 2 826 |
Upside = target market cap ÷ current − 1 = -9.1%
Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.
| Period | Act. rev | Model rev | Δ rev | Act. EBITDA | Model EBITDA | Δ EBITDA |
|---|---|---|---|---|---|---|
| 2023 Q2 | 158 | 139 | +13.3% | 79 | 69 | +15.4% |
| 2023 Q3 | 180 | 156 | +15.3% | 102 | 83 | +22.6% |
| 2023 Q4 | 155 | 160 | -3.1% | 90 | 83 | +9.1% |
| 2024 Q1 | 158 | 158 | -0.4% | 73 | 84 | -12.5% |
| 2024 Q2 | 166 | 168 | -1.6% | 83 | 90 | -8.1% |
| 2024 Q3 | 151 | 154 | -1.9% | 77 | 75 | +3.0% |
| 2024 Q4 | 147 | 142 | +3.8% | 66 | 64 | +4.4% |
| 2025 Q1 | 168 | 146 | +15.1% | 56 | 63 | -10.9% |
| 2025 Q2 | 152 | 135 | +12.7% | -8 | 46 | -117.6% |
| 2025 Q3 | 149 | 143 | +4.3% | 34 | 34 | -0.9% |
| 2025 Q4 | 133 | 137 | -3.5% | 57 | 18 | +224.9% |
| 2026 Q1 | 172 | 172 | +0.0% | -76 | 53 | -242.9% |
Projected EV/EBITDA 14.3x · target 75th pct (3y) 10.1x · LTM avg 11.5x
No dividend rows found for this issuer (checked: Yahoo Finance (ex-div)).
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Gran Tierra Energy (GTE) — from primary filings.
Gran Tierra Energy Inc. explores for and produces oil and gas, primarily in Colombia, with additional operations in Canada and Ecuador. The company has a strategic partnership with Ecopetrol S.A. to develop fields in the Middle Magdalena Valley.