Gran Tierra Energy Inc. Announces First Quarter 2019 Results Highlighted by Record Production

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Gran Tierra Energy (GTE) Reports Q1 Loss of $0.01

May 7, 2019 6:21 AM EDT

Gran Tierra Energy (NYSE: GTE) reported Q1 EPS of ($0.01), versus $0.03 reported last year. Revenue for the quarter came in at $152.57 million versus the consensus estimate of $190.43 million.

Message to Shareholders

Gary Guidry, President and Chief Executive Officer of Gran Tierra, commented: "Gran Tierra has delivered another quarter of record production and has now profitably grown production at an average rate of 14% per year since early 2015. Our strategy remains centered on full-cycle returns with an emphasis on creating long term shareholder value through economic production and reserves growth. Our sharp focus on... More