.png "Gran Tierra Energy (NYSE MKT: GTE)")
Today, the VP, Exploration of Gran Tierra Energy (GTE), Lawrence West, bought shares of GTE for $27.72K.
This recent transaction increases Lawrence West’s holding in the company by 4.9% to a total of $583.5K. In addition to Lawrence West, one other GTE executive reported Buy trades in the last month.
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Based on Gran Tierra Energy’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $175 million and quarterly net profit of $75.3 million. In comparison, last year the company earned revenue of $127 million and had a GAAP net loss of $40.8 million. GTE’s market cap is $888.3M and the company has a P/E ratio of 11.79. Currently, Gran Tierra Energy has an average volume of 1.57M.
Four different firms, including BMO Capital and Canaccord Genuity, currently also have a Buy rating on the stock.
The insider sentiment on Gran Tierra Energy has been positive according to 19 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Gran Tierra Energy, Inc. is an energy company, which engages in the exploration and production of oil and natural gas. It holds interests in the assets located in the Middle Magdalena Valley and Putumayo Basins. The company was founded on June 6, 2003 and is headquartered in Calgary, Canada.
