Gran Tierra Energy reported losses in Q4, but CEO is confident about potential growth in 2025.
From StockTwits: 2025-02-24 08:54:16
Gran Tierra Energy Inc (GTE) reported a loss of $1.04 per share in the fourth quarter, missing Wall Street earnings expectations. The company’s net loss was $34.21 million for the quarter, compared to a profit of $1.13 million a year ago. Despite this, in 2024, Gran Tierra achieved a net income of $3.2 million, a significant improvement from a net loss of $6.3 million in 2023. CEO Gary Guidry is optimistic about the exploration drilling initiatives in Ecuador for 2025, aiming to unlock new reserves and drive growth. Retail sentiment on Stocktwits remains bullish towards GTE shares.
Read more at StockTwits: Gran Tierra Energy Reports Losses In Q4, CEO Says 2025 Set To Be Transformational Year: Retail’s Hopeful
