---
schema_version: "secwatch.filing_event.v1"
accession: "0001273441-23-000025"
form_type: "8-K"
ticker: "GTE"
cik: "0001273441"
company_name: "GRAN TIERRA ENERGY INC."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:04:22.204006+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gran Tierra Q3 net income $7M; production 33,940 BOPD, highest since Q2 2019; free cash flow $36M

## Summary
- Q3 2023 net income of $7M (EPS $0.20) vs net loss of $11M in Q2 2023 and net income of $39M in Q3 2022.
- Average WI production 33,940 BOPD, up 12% YoY and 1% QoQ; highest quarterly average since Q2 2019.
- Adjusted EBITDA of $119M, up 23% QoQ; funds flow from operations $79M, up 49% QoQ; free cash flow $36M.
- Subsequent to quarter, completed bond exchange for 9.500% Senior Amortizing Notes due 2029; drew $50M on credit facility.
- Operating netback per bbl $40.87, up 18% QoQ; capex $43M; plans to resume drilling at Acordionero and Costayaco in Dec 2023.

## SEC filing metadata
- accession: 0001273441-23-000025
- form_type: 8-K
- ticker: GTE
- cik: 0001273441
- company_name: GRAN TIERRA ENERGY INC.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1273441/000127344123000025/0001273441-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1273441/000127344123000025/gte-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001273441-23-000025
- JSON: https://secwatch.observer/filing/0001273441-23-000025.json
- Plain text: https://secwatch.observer/filing/0001273441-23-000025.txt

## Key facts
- Earnings Releases
  GRAN TIERRA ENERGY INC. reported financial results for the quarter ended September 30, 2023.
  - Period: the quarter ended September 30, 2023
  - Result: reported results
  source text: On October 31, 2023, Gran Tierra Energy Inc. issued a press release announcing its financial and operating results for the quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1273441/000127344123000025/0001273441-23-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.