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Gran Tierra Energy Inc. 10-Q Filings

GTE NYSE

Every 10-Q that Gran Tierra Energy Inc. (GTE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow GTE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GTE filings page.

Rhea-AI Summary

Gran Tierra Energy Inc. reported much stronger Q2 2026 results, with oil, natural gas and NGL sales of $187,181 (thousands of U.S. Dollars), up 25% year over year, as Brent averaged $96.68 per bbl. Net income was $24,861 (thousands) or $0.70 per share, versus a $12,741 (thousands) loss a year earlier and a large loss in the prior quarter.

Netbacks and cash generation improved despite weaker volumes. Production NAR fell 20% to 31,990 BOEPD and sales volumes declined 16%, mainly from lower Colombian output, higher price-sensitive royalties and Canadian asset sales. Even so, gross profit rose to $75,460 (thousands) and operating netback reached $131,713 (thousands). Adjusted EBITDA was $85,071 (thousands) and funds flow from operations was $60,289 (thousands).

For the first half, the company still posted a net loss of $94,311 (thousands), driven by a $76,546 (thousands) derivative loss and $74,351 (thousands) of interest expense. Liquidity strengthened, with net cash provided by operating activities of $230,148 (thousands) and cash and cash equivalents of $126,728 (thousands). Total debt declined to $597,529 (thousands) after a major exchange into new 9.75% Senior Notes, while $287,727 (thousands) was outstanding on an oil prepayment agreement used to refinance notes and extend maturities.

Rhea-AI Summary

Gran Tierra Energy Inc. reported a first-quarter 2026 net loss of $119.2 million (loss of $3.38 per share), significantly larger than the $19.3 million loss a year earlier. The result was driven mainly by a $77.3 million unrealized hedging loss, $19.7 million stock-based compensation remeasurement, and higher interest and financing costs.

Oil, natural gas and NGL sales rose 2% year-over-year to $172.1 million on 3% higher sales volumes of 40,267 BOEPD, helped by Ecuador growth and stronger Brent pricing, partly offset by wider quality and transportation discounts, including about $4.1 million from costlier routes in Colombia.

Operating netback increased to $100.6 million, while Adjusted EBITDA declined to $73.9 million and funds flow from operations to $42.8 million, reflecting heavier derivative losses and higher G&A. The company completed a major debt exchange into $503.6 million of new 9.75% Senior Notes due 2031, expanded an oil prepayment facility to $350 million, sold its Simonette Montney interest in Canada for about US$48.6 million, and entered new partnerships in Colombia’s Tisquirama Block and Azerbaijan’s Guba–Khazaryani region.

Rhea-AI Summary

Gran Tierra Energy (GTE) reported a Q3 2025 net loss of $19.95 million, reversing from a $1.13 million profit a year ago, as higher costs and interest expense offset steady sales. Oil, natural gas and NGL sales were $149.3 million, down 1% year over year, with pricing headwinds partly offset by higher volumes.

Production expanded with the i3 Energy assets and exploration success in Ecuador. NAR production averaged 35,962 BOEPD (up 38% year over year), though temporarily impacted by an Ecuador landslide and Moqueta field repairs; NAR sales volumes rose 47% to 37,353 BOEPD. Operating expenses increased to $68.4 million, reflecting Canada integration and Ecuador ramp-up. Adjusted EBITDA was $69.0 million, while funds flow from operations was $41.7 million.

Liquidity and capital structure shifted: cash and cash equivalents were $49.1 million, nine‑month operating cash flow was $156.1 million, and capital expenditures totaled $218.2 million. Long‑term debt stood at $761.8 million, including $735.8 million of 9.50% Senior Notes due 2029. Subsequent to quarter end, the company entered a crude oil sale and purchase agreement to receive an advance of up to $150.0 million related to Ecuador production. Shares outstanding were 35,295,753 as of October 28, 2025.