Highest-materiality recent filing
Gran Tierra Q1 net loss $119M; signs Azerbaijan EDPSA, Ecopetrol deal; revises guidance
Net loss of $119M ($3.38/share) vs loss of $19M in Q1 2025; gross profit $37M.
Four Gran Tierra directors resign over Audit Committee investigation dispute
Evan Hazell, Sondra Scott, David Smith, Brad Virbitsky resigned effective March 11-12, 2026.
Gran Tierra signs deal to earn 49% WI in Tisquirama block from Ecopetrol
Contract to earn 49% working interest in Tisquirama block, containing Tisquirama and San Roque fields.
Gran Tierra exchanges 90.5% of existing 9.5% notes for 9.75% notes due 2031
Total $648.5M of $716.3M existing notes tendered (90.52%), resulting in $503.6M new notes issued.
Gran Tierra posts 2025 net loss of $193M; production up 32% on Ecuador & Canada
Net loss of $193.1M ($5.45/share) vs net income of $3.2M in 2024; includes $136.3M non-cash impairment.
Exchanged $616.98M of existing 9.500% notes due 2029 for $487.59M of new 9.750% notes due 2031 and $125M cash.
Terminated Credit and Guaranty Agreement dated April 16, 2025 with no material early termination penalties.
Gran Tierra announces 88.89% participation in debt exchange for 9.75% notes due 2031
US$636.7M of US$716.3M outstanding existing 9.500% notes tendered (88.89%) as of Feb 11 early participation deadline.
Gran Tierra reports 7th consecutive year of South America reserves growth; 2P reserves 258 MMBOE
Proved reserves 112 MMBOE (-17% YoY) due to Canadian natural gas reclassification to contingent resources.
Exchange offer: up to $716.3M of 9.500% Senior Notes due 2029 for new 9.500% Secured Notes due 2031; early participation premium $50 cash per $1,000 principal.
Net loss $20M vs income $1M in Q3 2024; adjusted EBITDA $69M, down from $93M YoY.
Gran Tierra receives $150M prepayment from Trafigura, amends credit facility
Initial $150M prepayment (plus $50M accordion) from Trafigura under crude oil sale and purchase agreement.
Gran Tierra Q2 2025: record production 47,196 boepd, net loss $13M, signs $200M prepayment facility
Record average quarterly production of 47,196 boepd (44% YoY increase); net loss of $13M vs net income $36M in Q2 2024.
Gran Tierra Q1 net loss $19M; record production 46,647 boepd; new $75M Colombia credit facility
Q1 net loss of $19M vs $0.0M in Q1 2024; oil sales $171M (+8% YoY) driven by 45% higher volumes.
Gran Tierra Energy Inc. enters into $75M revolving credit facility maturing April 16, 2028
$75M borrowing base at closing, revolving credit facility matures April 16, 2028.
Gran Tierra reports record Q4 production 41,009 BOEPD; 2024 net income $3M
Record Q4 production of 41,009 BOEPD; 2024 average 34,710 BOEPD (+6% YoY).
Gran Tierra reports record 1P reserves; guides 2025 production +44% to 47-53k BOEPD
2024 1P reserves 167 MMBOE (702% replacement); 2P 293 MMBOE (1,249% replacement).
Gran Tierra Energy files financial statements and pro forma data for i3 Energy acquisition
Acquired all issued shares of i3 Energy Plc on October 31, 2024.
Gran Tierra Q3 net income $1M, funds flow up 31% QoQ; closes i3 Energy acquisition
Net income $1M ($0.04 diluted EPS); adjusted EBITDA $93M; funds flow from ops $60M (+31% QoQ).
Issued $150M aggregate principal amount of 9.500% Senior Secured Amortizing Notes due 2029 on Sept 18, 2024.
Gran Tierra posts scheme document for i3 Energy acquisition; shareholder meetings on 7 Oct 2024
Scheme document published; Court Meeting and General Meeting set for 7 Oct 2024 at 1:00 pm and 1:15 pm London time.
Gran Tierra to acquire i3 Energy for cash and stock; implied value 13.92p/share
Each i3 Energy share gets 1 new Gran Tierra share per 207 shares plus 10.43p cash.
Gran Tierra Q2 net income $36M vs loss year ago; production 32,776 BOPD, up 4% per share YoY
Net income of $36M swinging from net loss of $11M in Q2 2023; adjusted EBITDA $103M.
Gran Tierra posts 2023 net loss of $6M; meets production and cash flow guidance
2023 net loss $6.3M ($0.19/sh) vs net income of $139M in 2022; Q4 net income $7.7M.
Gran Tierra reports 2023 proved reserves of 74.3 MMBOE, production up 6% to 32,647 BOPD
Proved reserves 74.3 MMBOE at Dec 31, 2023, up 12% from 66.3 MMBOE in 2022.
Gran Tierra posts record 90 MMBOE proved reserves; guides 32-35K bopd for 2024
2023 year-end total proved reserves of 90 MMBOE, a record high; 154% 1P reserves replacement.
Gran Tierra Q3 net income $7M; production 33,940 BOPD, highest since Q2 2019; free cash flow $36M
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.
Gran Tierra issues $487.6M 9.500% Senior Secured Notes in exchange for 2025/2027 notes
Issued $487.59M in 9.500% Senior Secured Amortizing Notes due Oct 2029.
Gran Tierra completes exchange of ~$523M notes for new 9.5% notes due 2029
Exchange accepted 91.8% of 2025 notes ($247.1M) and 92.1% of 2027 notes ($275.8M); issued $487.6M of 9.500% senior secured amortizing notes due 2029.
Gran Tierra Energy: 91% of 2025 & 2027 notes tendered for new 9.5% secured notes due 2029
91.04% ($247.6M) of 2025 notes and 91.41% ($274.2M) of 2027 notes tendered by early deadline.
Gran Tierra commences exchange offers for up to $572M in senior notes; amends credit facility
Gran Tierra offers to exchange 6.250% Senior Notes due 2025 and 7.750% Senior Notes due 2027 for newly issued 9.500% Senior Secured Amortizing Notes due 2029.
Gran Tierra achieves record reserves; 1P 94 MMBOE, NAV per share up 7-15%
Highest reserves in company history: 94 MMBOE 1P, 150 MMBOE 2P, 212 MMBOE 3P.
Gran Tierra Energy Q2 net loss $11M; production rises 10% to 33,719 BOPD
Net loss of $11M ($0.33/sh); net income of $53M ($1.44/sh) in Q2 2022.
Gran Tierra Q2 avg production 33,800 BOPD (+7% QoQ); current ~34,800 BOPD
Q2 2023 average production 33,800 BOPD, at high end of 2023 annual guidance.
Gran Tierra Energy completes 1-for-10 reverse stock split effective May 5, 2023
Outstanding shares reduced from ~333M to ~33.3M; authorized common shares set at 57M, preferred at 25M.
Gran Tierra shareholders approve 1-for-10 reverse stock split, elect all director nominees
Reverse stock split approved with 177,137,400 votes for, 31,365,266 against, 996,222 abstain.
Gran Tierra Q1 net loss $10M, production up 8% to 31,611 BOPD; Suroriente deal extended 20 years
Net loss of $10M ($0.03 per share) vs net income of $14M a year ago; oil sales down 17% to $144M.
Gran Tierra Q1 production 31,700 BOPD (+8% YoY); share & bond buybacks continue
Q1 2023 average production 31,700 BOPD, up 8% from Q1 2022.
Gran Tierra reports record 2022 net income of $139M, funds flow from ops $366M, free cash flow $129M
Net income $139M ($0.38/share basic), highest on record; Adjusted EBITDA $490M, up 103% YoY.
Gran Tierra Energy reports 126% 1P reserves replacement; 1P NAV per share up 77% to $4.62
Added 14 MMBOE 1P (126% replacement), 17 MMBOE 2P (148%), 31 MMBOE 3P (280%); exploration added 5 MMBOE 1P.
On June 18, 2025, Peter Dey informed the Board of Directors (the “Board”) of Gran Tierra Energy Inc. (the “Company”) that he will resign for personal reasons from the Board effective June 30, 2025.
On January 29, 2024, Rodger Trimble, Vice President, Investor Relations, notified Gran Tierra Energy Inc. (the “Company”) of his decision to retire from the Company effective as of March 1, 2024.
On October 31, 2023, the Board of Directors of Gran Tierra Energy Inc. (the “Company”) appointed Sebastien Morin as Chief Operating Officer of the Company, effective November 6, 2023, to serve until his successor is chosen and qualified or until his resignation, retirement, disqualification or removal from office.
On September 1, 2021, the Board of Directors (the “Board”) of Gran Tierra Energy Inc. (“Gran Tierra”) increased the size of the Board to nine members and appointed Alison Redford as a director effective immediately.
Max materiality 0.90 · Median 0.70 · Most common event earnings