Are GTE Stock Forecast (Gran Tierra Energy Inc.) stocks something you’re interested in and want to invest in, or do you already. Have them in your portfolio? If the answer to that question is yes, this article will provide you with useful. Details about the GTE stock, what it does, and how the price of the GTE stock will fluctuate in the years 2022 through 2025 and 2030.
Ownership of Gran Tierra Energy
Energy firm Gran Tierra Energy (GTE) was established in May 2005 by Dana Coffield, Jeffrey Scott, Jim Hart, Max Wei, and Rafael Orunesu.
The GTE company, headquartered in Calgary, Alberta, Canada, is primarily focused on oil and gas exploration, production, and development in South America.
How Does GTE Stock Work?
Gran Tierra is a publicly traded, independent, international exploration company with its headquarters in Canada. Ecuador and Colombia were the main markets for the GTE production company’s onshore oil production.
Utilizing its team’s global operating experience, Gran Tierra is committed to generating value for all of its stakeholders through oil and gas exploration and production. In a transparent, safe, secure, and responsible manner, the company is establishing a track record of success in Ecuador and Colombia.
The GTE Company is expanding its portfolio of properties in Colombia and Ecuador. The company’s assets in Colombia account for all of its production, with the majority of its oil reserves and production taking place in the Putumayo Basin and MMV (Middle Magdalena Valley).
The Acordionero Field, the GTE Company’s largest field in MMV, produces an oil with an API (American Petroleum Institute) temperature of 17 degrees, or roughly 49% of the company’s total production.
About 44% of the total production for the company is produced by Putumayo, which has production rates of about 27° American Petroleum Institute for the Chaza Block and 18° American Petroleum Institute for the Suroriente Block.
What Is The Work of Gran Tierra Energy?
A company specializing in oil and gas exploration and production in Calgary, Alberta, Ecuador, and Colombia is known as Gran Tierra Energy Inc. (GTE), along with its subsidiaries under the “Gran Tierra” brand.
Common shares of The GTE Company are listed under the tickers GTE on the NYSE American, TSX, and London Stock Exchanges.
By utilizing its team’s global operating experience and oil and gas production expertise, Gran Tierra is committed to generating value for all of its stakeholders. With transparency, security, safety, and responsibility, the company is establishing a track record of success in Ecuador and Colombia.
GTE: A Stock for Long-Term Investment?
As of 3:16 PM on June 27, the GTE stock has increased by 9.29% while the S&P 500 has decreased by -0.19%. On a volume of 5,584,524 shares, the GTE stock has increased $0.11 from its previous closing price of $1.13.
GTE has increased by 67.57% over the past year while the S&P 500 has decreased by -9.01%. GTE stock has a price-to-earnings ratio of 4.84 and last year earned $0.26 per share.
Forecast 2022 for GTE Stock
Nine predictions are made for each month for the GTE stock forecast for 2022, with an average GTE stock forecast of 2.0, a high stock forecast of 2.02, and a low stock forecast of 1.98.
From the most recent price of 1.95000004, the average GTE stock forecast for 2022 represents a 2.55% increase in stock price.
Forecast 2023 for Gran Tierra Energy Stock
Twelve predictions for each month are made for the GTE stocks forecast for 2023, with an average GTE stock forecast of 1.85, a high stock forecast of 1.96, and a low stock forecast of 1.76.
From the most recent price of 1.95000004768372, the average Gran Tierra Energy stock forecasts for 2023 represent a -5.0% decline in stock price.
Forecast 2024 for GTE Stock
Twelve predictions for each month are made for the GTE stock forecasts for 2024, with an average Gran Tierra Energy stock forecast of 1.77, a high stock forecast of 1.82, and a low stock forecast of 1.75.
From the most recent price of 1.95000004768372, the average Gran Tierra Energy stock forecast for 2024 represents a -9.0% drop in stock. Price.
Forecast 2025 for GTE Stock
The GTE stock forecast for 2025 includes twelve predictions per month, with an average Gran Tierra Energy stock forecast of 1.96, a high stock forecast of 2.14, and a low stock forecast of 1.83.
An increase of 0.27% from the most recent price of 1.95000004768372 is projected for the average GTE stock forecasts. For 2025.
Forecast 2026 for GTE Stock
Twelve predictions for each month are made for the GTE stocks forecast for 2026, with an average GTEs stock forecast of 2.11, a high stock forecast of 2.14, and a low stock forecast of 2.05.
A price increase of 8.13 percent from the most recent price of 1.95000004768372 is projected for the average GTE stock. Forecast for 2026.
Forecast 2027 for GTE Stock
Twelve predictions are made for each month for the GTE stock forecast for 2027, with an average GTEs stock forecast. Of 1.81, a high stock forecast of 2.01, and a low stock forecast of 1.66.
A -6.94% drop in stock price from the most recent price of 1.95000004768372 is projected for the average GTE stock. Forecast for 2027.
Forecast 2028 for GTE Stock
An average prognosis of 1.65, a high prognosis of 1.74, and a low prognosis of 1.62 are made for each of the twelve forecasts for the GTE stock forecast for 2028.
The typical GTE stock estimate for 2028 shows a stock price decline of -15.38% from the most recent price of. 1.95000004768372.
Forecast 2029 for GTEs Stock
Twelve forecasts are made for each month for the GTE stock projection for 2029, with an average prediction of 2.03. A high prediction of 2.17, and a low prediction of 1.78.
From the most recent price of 1.95000004768372, the average GTE stocks forecast for 2029 represents growth in the stock price. Of 4.22%.
Forecast 2030 for GTE Stocks
Twelve forecasts are made for the GTE stocks forecast for 2030, with an average GTE stocks forecast of 2.11 it. The high stock forecast of 2.16, and a low stock forecast of 2.08 for each month.
The average GTE stock prediction for 2030 shows a stock price growth of 8.38% from the most recent price of. 1.95000004768372.
FAQS
Questioning And Answering about GTE Stock I,ll Describe All FAQs here stay tuned with us.
Will The GTE Stock Rise?
Over the previous five years, the GTE stock has turned a profit, with earnings increasing by -12.6% annually. Accelerating Growth: Since the GTE stock started to turn a profit in the previous year, it is difficult to compare. The profits growth rate to the 5-year average.
Is GTE a Wise Investment To Make?
Wall Street research experts generally agree that investors should “hold” GTE stock. An analyst’s recommendation to hold a position in GTE stock rather than build to an existing position or sell existing. Shares are indicated by a hold rating.
Who Is a GTE investor?
- Capital GMT Inc Corp.
- Corporation RBC Global Asset Management
- Investing Using Two Sigma
- Capital Arrowstreet LP
RT LLC Renaissance Technologies Zweig-DiMenna Partners LLC
Inc LLC. PlusTick Management
What Amount of Shares Does GTE Own?
GTE has 368,871,685 shares, or 368.87 million shares, outstanding in total.
Is GTE Underappreciated?
Almost all analyst price forecasts indicate that the stock is currently undervalued.
Is GTE Getting Cut down?
The following institutional investors, funds, and large shareholders have reported short holdings in GTE as of the most recent reporting period: Jane Street Group LLC, Concourse Financial Group Securities Inc., Group One Trading L.P., and JPMorgan Chase & Co.
Securities and Exchange Commission Form 13F filings list these positions.
Conclusion
With its headquarters in Canada, the GTE firm is an independent, global business. The company wants to discover and produce oil and gas while utilizing the global experience of its personnel.
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