Welcome to our dedicated page for Gran Tierra Energy SEC filings (Ticker: GTE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Gran Tierra Energy Inc. filings document formal disclosures for an oil and gas exploration and production company with reportable segments in Colombia, Ecuador, Canada and Other. Form 8-K reports cover operating and financial results, reserves information, material definitive agreements, debt obligations and changes to credit arrangements, including senior secured amortizing notes and crude oil sale and purchase agreements.
Proxy materials describe annual meeting proposals, director elections, auditor ratification, executive compensation votes and board committee governance. The filing record also documents capital-structure activity, subsidiary guarantees and security interests, Canadian NI 51-101 reserves disclosure, and governance changes affecting board size and committee composition.
Private funds managed by LM Asset Management Inc. bought 94,000 shares of Gran Tierra Energy common stock in open-market purchases. The trades occurred on March 2–4, 2026, at weighted average prices within ranges from $6.33 to $6.73 per share, lifting their indirect holdings to 4,025,200 shares. Daniel Lau and Christine Man, control persons of LM Asset Management, may be deemed to beneficially own these securities but each disclaims beneficial ownership except for their pecuniary interests.
Gran Tierra Energy Inc. is an oil and gas producer with assets in Colombia, Canada and Ecuador, now organized into three geographic segments. In 2025 it drilled 22 gross wells and incurred capital expenditures of $256.3 million, mainly in Colombia and Ecuador, with additional investment in Canada.
As of December 31, 2025, the company reported total proved reserves of 111.6 million boe and total probable reserves of 94.0 million boe, with Colombia, Ecuador and Canada all contributing. Proved undeveloped reserves were 48.3 million boe, down from 66.9 million boe a year earlier due to technical and economic revisions, particularly in Canada.
For 2026, Gran Tierra plans a base capital program of $120–$160 million, with about 60% directed to Colombia, 30% to Canada and 10% to Ecuador, and over 90% focused on development. Based on midpoint guidance, it expects production of 42,000–47,000 boepd, with operations funded from cash flow at assumed benchmark prices.
Gran Tierra Energy Inc. reported a 2025 net loss of $193.1 million or $5.45 per share, largely driven by non-cash ceiling test impairments of $136.3 million, even as operating performance strengthened. Average working interest production rose 32% from 2024 to 45,709 BOEPD, supported by a full year of Canadian output and successful exploration in Ecuador.
The company generated Adjusted EBITDA of $283.7 million, net cash provided by operating activities of $313.2 million (up 31%), and funds flow from operations of $177.8 million, while capital expenditures increased slightly to $256.3 million. At year-end, after-tax 2P net asset value was $31.17 per share, with 2P reserves of 258 MMBOE and reserve life indices of up to 19 years on a 3P basis. Gran Tierra also repurchased $21.3 million of 2029 senior notes at a discount and has cumulatively bought back about 7.5 million shares, roughly 21% of shares outstanding, since 2022.
Subsequent to year-end, the company completed a bond exchange with approximately 88% participation, extending maturities to 2031 and pairing it with an upsized prepayment facility of up to $350.0 million to enhance liquidity. Management is pivoting from portfolio build-out toward debt reduction, disciplined development and free cash flow generation, while continuing to grow reserves in South America and advancing new growth options, including an EDPSA in Azerbaijan.
Gran Tierra Energy Inc. has refinanced a large portion of its debt by issuing US$487,590,000 of new 9.750% Senior Secured Amortizing Notes due 2031 and paying US$125,000,000 in cash in exchange for US$616,984,000 of its 9.500% Senior Secured Amortizing Notes due 2029.
The new notes are senior secured, guaranteed by certain subsidiaries, and secured by a first-lien interest in the capital stock of some subsidiary guarantors. They pay interest semi-annually starting October 15, 2026, amortize in 2029 and 2030, mature on April 15, 2031, and include restrictive covenants and a 101% change-of-control repurchase right.
Gran Tierra Energy Inc. Chief Operating Officer Sebastien Morin reported an acquisition of company shares through an employee plan. On February 17, 2026, he acquired 544 shares of common stock at $5.61 per share under the Gran Tierra Inc. Employee Stock Purchase Plan, a transaction exempt under Rule 16b-3(d) and Rule 16b-3(c). Following this award, his directly owned holdings increased to 32,177 common shares. The purchase price was originally in Canadian dollars and converted into U.S. currency for reporting.
Gran Tierra Energy Inc. Chief Operating Officer Sebastien Morin reported an acquisition of company shares through an employee plan. On February 17, 2026, he acquired 544 shares of common stock at $5.61 per share under the Gran Tierra Inc. Employee Stock Purchase Plan, a transaction exempt under Rule 16b-3(d) and Rule 16b-3(c). Following this award, his directly owned holdings increased to 32,177 common shares. The purchase price was originally in Canadian dollars and converted into U.S. currency for reporting.
Gran Tierra Energy Inc.'s President and CEO Gary Guidry acquired 761 shares of common stock on February 17, 2026 through the Gran Tierra Inc. Employee Stock Purchase Plan. The transaction was reported at a price of $5.61 per share, with the purchase price originally in Canadian dollars and converted to U.S. currency.
After this grant under the employee stock plan, Guidry’s directly held common stock increased to 502,118 shares, reflecting a routine, plan-based acquisition rather than an open-market trade.
Gran Tierra Energy Inc.'s President and CEO Gary Guidry acquired 761 shares of common stock on February 17, 2026 through the Gran Tierra Inc. Employee Stock Purchase Plan. The transaction was reported at a price of $5.61 per share, with the purchase price originally in Canadian dollars and converted to U.S. currency.
After this grant under the employee stock plan, Guidry’s directly held common stock increased to 502,118 shares, reflecting a routine, plan-based acquisition rather than an open-market trade.
Gran Tierra Energy EVP Corporate Services Jim Evans acquired additional company stock through an employee plan. On February 17, 2026, he received 245 shares of common stock at $5.61 per share in a grant or award transaction under the Gran Tierra Inc. Employee Stock Purchase Plan, which was exempt under Rule 16b-3(d) and Rule 16b-3(c). Following this award, he directly owned 48,007 common shares, and a further 3,200 shares were held indirectly by his spouse.
Gran Tierra Energy EVP Corporate Services Jim Evans acquired additional company stock through an employee plan. On February 17, 2026, he received 245 shares of common stock at $5.61 per share in a grant or award transaction under the Gran Tierra Inc. Employee Stock Purchase Plan, which was exempt under Rule 16b-3(d) and Rule 16b-3(c). Following this award, he directly owned 48,007 common shares, and a further 3,200 shares were held indirectly by his spouse.
Gran Tierra Energy Inc. executive Abraham Phillip D reported acquiring additional company stock through an employee plan. On February 17, 2026, he acquired 435 shares of Gran Tierra Energy common stock at $5.61 per share through the Gran Tierra Inc. Employee Stock Purchase Plan, increasing his direct holdings to 40,786 shares.
The transaction was reported as a grant, award, or other acquisition and was exempt under Rule 16b-3(d) and Rule 16b-3(c). The purchase price was originally transacted in Canadian currency and converted to U.S. dollars for reporting.
Gran Tierra Energy Inc. executive Abraham Phillip D reported acquiring additional company stock through an employee plan. On February 17, 2026, he acquired 435 shares of Gran Tierra Energy common stock at $5.61 per share through the Gran Tierra Inc. Employee Stock Purchase Plan, increasing his direct holdings to 40,786 shares.
The transaction was reported as a grant, award, or other acquisition and was exempt under Rule 16b-3(d) and Rule 16b-3(c). The purchase price was originally transacted in Canadian currency and converted to U.S. dollars for reporting.
Gran Tierra Energy Inc. restructured its debt financing by terminating its existing Credit and Guaranty Agreement without incurring any material early termination penalties, extinguishing the related guarantees and security interests. This closes out the prior credit facility.
At the same time, indirect subsidiaries of the company entered into Colombian crude oil sale and purchase agreements with Trafigura entities and amended and restated an existing prepayment addendum. The amended prepayment structure allows additional advances of up to $175 million, plus an uncommitted accordion advance of up to $25 million, to be repaid through crude oil deliveries under the sales agreements.
The company plans to apply these advances to finance the cash portion of a proposed exchange offer for its 9.500% Senior Secured Amortizing Notes due 2029 and/or a cash tender offer and senior note repurchases, as well as related fees and expenses. The amended arrangement includes semi-annual financial covenants, requiring combined asset coverage of at least 150% and a debt service coverage ratio of at least 200%, and is supported by a parent guarantee and Colombian asset security.
Gran Tierra Energy Inc. insiders reported a series of open-market share purchases. Entities affiliated with LM Asset Management, Inc. bought 32,000 common shares at a weighted average price of $5.3285 on February 12, 10,000 shares at $5.40 on February 13, and 20,000 shares at $5.30 on February 17.
After these transactions, 207,000 common shares were held indirectly through companies where Daniel Lau and Christine Man are directors and controlling shareholders. Separately, 240,000 shares are beneficially owned solely by Daniel Lau, 65,550 solely by Christine Man, and 3,931,200 shares are held by private investment funds managed by LM Asset Management Inc. The reporting persons state they may be deemed beneficial owners as control persons but disclaim beneficial ownership beyond their pecuniary interests.