Gran Tierra: Not A Helpful Budget

Long PlayerInvesting Group LeaderFollow5ShareSavePlay(8min)CommentsSummaryGran Tierra Energy faces a precarious outlook.GTE has a substantial debt load. There is a significant maturity in October that lacks a clear and actionable repayment plan.Industry conditions are deteriorating.The company’s 2026 budget may be overly optimistic.A situation like this is not for most investors. I have a lot of better opportunities elsewhere. TheKaran/iStock via Getty Images Gran Tierra Energy (GTE) recently released a budget that shows at best a little bit of free cash flow and at worst really next to no free cash flow. For a company thatThis article was written byLong Player24.82K FollowersFollowLong Player believes oil and gas is a boom-bust, cyclical industry. It takes patience, and it certainly helps to have experience. He has been focusing on this industry for years. He is a retired CPA, and holds an MBA and MA. He leads the investing group Oil & Gas Value Research. He looks for under-followed oil companies and out-of-favor midstream companies that offer compelling opportunities. The group includes an active chat room in which Oil & Gas investors discuss recent information and share ideas. Learn more.Analyst’s Disclosure:I/we have a beneficial long position in the shares of FANG, EQT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Disclaimer: I am not an investment advisor and this article is not meant to be interpreted as a recommendation to buy or sell the stock of this company. Investors need to review their own investment profile and determine if this stock fits their investment objectives on their own. It is recommended that all the company official documents and press releases be read by an investor before making a buy or sell decision.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For You