Earnings ·
Gran Tierra Energy Inc. reported second quarter 2026 financial results on August 4, 2026, achieving net income of $25…
GTEGran Tierra Energy Inc.
Gran Tierra Energy Inc. reported second quarter 2026 financial results on August 4, 2026, achieving net income of $25 million ($0.70 per share) and adjusted EBITDA of $85 million. Average production was 41,501 BOEPD, down 9% from the prior quarter due to asset sales and temporary lift system failures in Colombia. The company completed a $123 million capital carry at Suroriente, satisfied conditions for the Tisquirama contract in Colombia, and sold Lodgepole assets for C$12.8 million. It also announced a resource report identifying 67 MMbbl of unrisked best-estimate prospective resources in Canada's Dawson Clearwater and Mount Head areas. Gran Tierra Energy Inc. is an independent oil and gas exploration and production company operating primarily in Colombia, Ecuador, and Canada.