Gran Tierra Q3 net income $1M, funds flow up 31% QoQ; closes i3 Energy acquisition

GRAN TIERRA ENERGY INC.

2024-Q3 EPS reported $1.20 vs consensus -$0.08 ▲ beat (+1683.1%)

Net income $1M ($0.04 diluted EPS); adjusted EBITDA $93M; funds flow from ops $60M (+31% QoQ).
Q3 avg WI production 32,764 BOPD (flat QoQ); oil sales $151M, down 16% YoY on weaker Brent pricing.
Closed i3 Energy acquisition Oct 31, adding ~18,000 boe/d in Canada; 1P reserves up 97% (+88 MMboe).
Sixth consecutive Ecuador oil discovery (Charapa-B7 well); cumulative Ecuador production exceeds 1M bbls.
Cash $278M, total debt $787M; entered new C$100M credit facility (undrawn) for i3 acquisition.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.