An announcement from Gran Tierra Energy ( (GTE) ) is now available.
Gran Tierra Energy Inc. has announced the granting of Performance Stock Units (PSUs) and Restricted Stock Units (RSUs) to its directors and key managerial personnel. These grants, effective February 26, 2025, are part of the company’s incentive plan to align the interests of its management with those of its shareholders. The PSUs will vest after three years, while the RSUs will vest annually over three years, providing a structured incentive for continued employment and performance. This move is expected to strengthen the company’s management retention strategy and potentially enhance its operational stability and market positioning.
More about Gran Tierra Energy
Gran Tierra Energy Inc. operates in the energy sector, focusing on the exploration and production of oil and natural gas. The company is primarily engaged in activities in South America, with a significant presence in Colombia.
YTD Price Performance: -38.91%
Average Trading Volume: 351,808
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $165.1M
See more data about GTE stock on TipRanks’ Stock Analysis page.