secwatch.observer — SEC 8-K summary
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Issuer:     GRAN TIERRA ENERGY INC. (GTE)
CIK:        0001273441
Form:       8-K
Filed at:   2025-05-02T23:59:59+00:00
Accession:  0001273441-25-000013
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gran Tierra Q1 net loss $19M; record production 46,647 boepd; new $75M Colombia credit facility
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- Q1 net loss of $19M vs $0.0M in Q1 2024; oil sales $171M (+8% YoY) driven by 45% higher volumes.
- Record average production 46,647 boepd (+45% YoY, +14% from Q4 2024); current run rate ~48,400 boepd.
- Adjusted EBITDA $85M vs $95M in Q1 2024; trailing net debt/EBITDA 1.9x; paid down $27M of debt.
- Signed new $75M reserve-based credit facility in Colombia (36-month term); cash $77M, liquidity ~$110M undrawn.
- Reaffirmed 2025 guidance: production 47,000-53,000 boepd; base case capex $240-280M; exploration success in Ecuador.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1273441/000127344125000013/0001273441-25-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1273441/000127344125000013/gte-20250501.htm
  HTML page:      https://secwatch.observer/filing/0001273441-25-000013

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