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Gran Tierra Energy ( (GTE) ) has provided an announcement.
Gran Tierra Energy has announced its 2025 capital budget and operational outlook, forecasting a significant increase in production and free cash flow. The company plans to invest heavily in both development and exploration across its assets in Colombia, Ecuador, and Canada, aiming to enhance its production capabilities and shareholder returns through strategic capital allocation. The 2025 budget is expected to be fully funded by cash flow, with a portion allocated toward share buybacks, reinforcing Gran Tierra’s commitment to growth and stakeholder value.
More about Gran Tierra Energy
Gran Tierra Energy Inc. operates in the oil and gas industry, primarily focusing on exploration and production activities. The company is engaged in developing its reserves and production assets across Colombia, Ecuador, and Canada, with a portfolio that includes both conventional and unconventional oil and gas resources.
YTD Price Performance: -10.62%
Average Trading Volume: 346,862
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $245.4M
Find detailed analytics on GTE stock on TipRanks’ Stock Analysis page.
