GTE Stock Price Prediction: As investors continue to weigh the various opportunities in equity markets, there has been increasing demand for reliable insights into stock prices. GTE is one of the most popular stocks among traders and analysts, offering a great opportunity for growth with its diverse portfolio of products and services.
In this blog post, we’ll be discussing GTE’s market performance over the years and whether or not it makes a good investment opportunity right now.
GTE stocks are currently being traded at 0.9386 USD. The past five years have seen GTE turning a profit. Analysts estimate that GTE stock prices will reach 1.64 USD at the end of the year 2025.
Gran Tierra Energy Inc. is a Canadian-based company that is engaged in the acquisition, exploration, development, and production of oil and gas properties in the Americas, with operations in Colombia, Peru, and Brazil. It was formed in May 2005 by Jeffrey Scott, Dana Coffield, Max Wei, Jim Hart, and Rafael Orunesu.
The company’s operations are primarily concentrated in Colombia, where it has a diverse portfolio of assets that includes several producing fields and exploration and development opportunities. The company also has a presence in Peru and Brazil, through a number of exploration and development projects in these countries.
In Colombia, Gran Tierra Energy operates through its subsidiary, Gran Tierra Colombia S.A.S. The company has a number of producing assets in the Llanos Basin, which is one of the most active hydrocarbon-producing basins in Colombia.
These assets include the Moqueta and Acordionero fields, which have been in production since 2008 and 2010, respectively. The company also has several exploration and development opportunities in the Llanos Basin, including the Costayaco and Guama fields.
In addition to its operations in Colombia, Gran Tierra Energy has exploration and development projects in Peru and Brazil. In Peru, the company has an exploration block in the Ucayali Basin, which is located in the Amazon rainforest. In Brazil, the company has several exploration and development opportunities in the Reconcavo Basin.
Financial Data And Performance
Market Capital
341.92M
Enterprise Value
791.82M
Shares Outstanding
358.16M
Float
324.21M
Volume
1,376,546
Average Volume
4,400,711
52 Week Range
0.7600 – 2.1500
200-Day Moving Average
1.3096
PE Ratio (TTM)
2.09
EPS (TTM)
0.4500
Revenue (ttm)
695.04M
EBITDA
462.99M
Profitability
Profit Margin
24.21%
Operating Margin (ttm)
42.14%
Cash Flow Statement
Operating Cash Flow (ttm)
461.86M
Levered Free Cash Flow (ttm)
264.5M
GTE Stock Forecasts For 2023, 2024, 2025, And 2026
GTE Stock Price Prediction
GTE Stock Price Prediction 2023
The current value of GTE stocks is 0.9386 USD. At the end of the year, the weighted average target prices are expected to be 1.33 USD, with the lowest estimate being 1.21 USD and the highest target estimate being 1.47 USD. Negative tendencies are expected to prevail and the monthly probable volatility is to be 17.222%.
The weighted average target prices are predicted to be 1.33 USD at the end of 2024, with 1.29 USD as the lowest target estimate and 1.41 USD as the highest target estimate. Negative dynamics are anticipated to predominate, and monthly likely volatility is projected to be 8.748%.
GTE Stock Price Prediction 2025
By the end of 2025, the weighted average target prices are expected to be 1.64 USD, with 1.56 USD being the lowest goal estimate and 1.82 USD being the highest. The monthly probability volatility is forecast to be 14.017%, with positive dynamics expected to predominate.
With a target estimate range of 1.73 USD to 2.12 USD, the weighted average target price is expected to be 1.96 USD by the end of 2026. There will likely be a predominance of negative dynamics, and the monthly likely volatility is expected to be 18.343%.
Is GTE Stock A Buy Right Now?
Gran Tierra Energy stocks received 0 Buy, 1 Hold, and 0 Sell ratings from Wall Street analysts. Thus, the consensus ratings by analysts indicate that investors are advised to neither buy any more shares nor to sell their existing shares but to hold them right now.
Gran Tierra Energy Inc (GTE) has been a standout in the oil and gas sector for several years, and its growth potential continues to draw in investors. With uncertain market conditions looming, it can be difficult to make an accurate stock price prediction for GTE.
However, the company’s strong track record of drilling successes, coupled with its knowledgeable and experienced management team, speaks well for its future value.
Analysts are expecting GTE’s stock prices to stay relatively stable over the next year with possible increases being seen as soon as six months from now. Despite volatility risks inherent in the energy sector, GTE is likely to be an appealing investment option due to its diverse portfolio of assets and efficient cost structure.
Nonetheless, Gran Tierra Energy’s strategy is to grow its production and reserves through exploration success, strategic acquisitions, and the development of its existing properties. The company is focused on building a strong and sustainable business in the Americas, with a particular emphasis on South America.
This was all about GTE Stock Price Prediction. Overall, analysts seem to be coming to a general opinion that GTE shares will not experience any significant movement in the near future. Although some are still hopeful that the stock prices will rise soon, it seems like the majority believe it is best to wait and see what happens with GTE before making any large investments. What do you think about Gran Tierra Energy Inc’s current state? Let us know in the comment section below.
Shana Conzelman is a shrewd businesswoman with a keen eye for stock market investments. She is very particular about the stocks she chooses to invest in, and takes great care to learn as much as possible about each company's stock prediction more
