Gran Tierra Energy

GTE

시가총액 US$3.86억

Gran Tierra Energy Inc. (GTE) Shareholder/Analyst Call Prepared Remarks Transcript

Stockholders of Gran Tierra Energy TSE: GTE approved the company's proposed sale of its Colombian and Ecuadorian businesses, while an advisory vote on transaction-related executive compensation did not receive sufficient support.

CALGARY, Alberta, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) is pleased to announce that the Milli Majlis, the Parliament of the Republic of Azerbaijan, has ratified the exploration, development and production sharing agreement (the “EDPSA”) for the onshore Guba-Khazaryani region (the “Contract Area”) that the Company signed with the State Oil Company of the Republic of Azerbaijan on February 18, 2026. “We would like to thank our partner, the State Oil Company of the Republic of Azerbaijan, the Government of the Republic of Azerbaijan and all of its agencies involved in the ratification process, and the Milli Majlis for their hard work and commitment in passing this bill during the first plenary session of the autumn term,” said Gary Guidry, President and Chief Executive Officer of Gran Tierra.

CALGARY, Alberta, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. ("Gran Tierra" or the "Company") (NYSE American:GTE) (TSX:GTE) (LSE:GTE) announces that it filed its definitive proxy statement (the "Proxy Statement") with the U.S. Securities and Exchange Commission (the "SEC") on September 15, 2026 in connection with the Company's special meeting of stockholders (the "Special Meeting"). At the Special Meeting, stockholders will be asked to approve the previously announced sale of Gran Tierra's Colombian and Ecuadorian businesses to Maurel & Prom for total consideration of approximately $1.33 billion, subject to adjustment (the "Sale"), pursuant to the terms and conditions of the Share Sale and Purchase Agreement entered into on August 5, 2026 (the "Share Purchase Agreement"). Stockholders will also vote on an advisory proposal concerning certain transaction-related executive compensation and a proposal to adjourn the Special Meeting, if necessary, to solicit additional proxies.

CALGARY, Alberta, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American: GTE) (TSX:GTE) (LSE:GTE) today announced the results of its previously announced solicitation (the “Consent Solicitation”) of consents (the “Consents”) from Holders of its 9.750% Senior Secured Amortizing Notes due 2031 (the “Notes”) to effect certain proposed amendments (the “Proposed Amendments”) to the indenture dated as of February 18, 2026, under which the Notes were issued (the “Indenture”), pursuant to the terms and subject to the conditions set forth in the Consent Solicitation Statement, dated September 11, 2026 (the “Consent Solicitation Statement”). Any capitalized terms used in this press release without definition have the respective meanings assigned to such terms in the Consent Solicitation Statement.

CALGARY, Alberta, Sept. 11, 2026 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE: GTE) today announced that it is conducting a solicitation (the “Consent Solicitation”) of consents (the “Consents”) from Holders of its 9.750% Senior Secured Amortizing Notes due 2031 (the “Notes”) to effect certain proposed amendments (the “Proposed Amendments”) to the indenture dated as of February 18, 2026, under which the Notes were issued (the “Indenture”), pursuant to the terms and subject to the conditions set forth in the Consent Solicitation Statement, dated September 11, 2026 (the “Consent Solicitation Statement”). Any capitalized terms used in this press release without definition have the respective meanings assigned to such terms in the Consent Solicitation Statement.

Gran Tierra Energy is selling its Colombia and Ecuador assets for $1.33 billion, aiming to eliminate debt and gain financial flexibility. GTE expects net proceeds of $315 million, shifting its operational focus to Canada and retaining upside potential in Azerbaijan. I assign GTE a 'Buy' rating with a $13 target, reflecting improved balance sheet strength and the opportunity for enhanced per-share value.

Gran Tierra Energy TSE: GTE reported second-quarter 2026 net income of $25 million, reversing a $119 million net loss in the prior quarter, as stronger commodity prices, improved margins and lower operating costs supported results. The company also generated positive free cash flow while advancing portfolio changes in South America and Canada.

Gran Tierra Energy Inc. (GTE) Q2 2026 Earnings Call Transcript

Sale of the Company's Colombia and Ecuador Oil Business, Representing All of Its South American Assets, to Maurel & Prom Representing a Total Consideration of $1.33 Billion Continuing Company to Have an Estimated Pro-Forma PDP Net Asset Value (NPV10 BT) of Approximately $12.49 per Share (fully diluted), Representing a Premium of Approximately 83% to Gran Tierra's 20-Day Volume Weighted Average Price Purchaser to Assume Substantially All of the Company's Net Liabilities, Positioning Gran Tierra to be Debt-Free with Significant Cash at Completion Supports a Meaningful Return of Capital to Stockholders and Repositions Gran Tierra Around Fully Financed Growth Plans in Canada and Azerbaijan CALGARY, Alberta, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced that it has entered into a definitive share sale and purchase agreement (the “Agreement”) to sell its oil business in Colombia and Ecuador (collectively, the “Divested Business”) to Établissements Maurel & Prom S.A. (“Maurel & Prom” or the “Purchaser”), a Paris-listed international oil and natural gas exploration and production company majority owned by PT Pertamina Internasional Eksplorasi dan Produksi (“PIEP”), a subsidiary of Indonesia's national energy company, PT Pertamina (Persero) (“Pertamina”), representing a total consideration of $1.33 billion (the “Transaction”).