NYSE$GTE
Gran Tierra Energy Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Generated net income, increased adjusted EBITDA, grew net cash provided by operating activities, increased funds flow from operations, and generated free cash flow.
Gran Tierra Energy Inc. reported a net income of $14 million, a significant increase from the previous year. The company also saw substantial growth in net cash provided by operating activities, funds flow from operations, and free cash flow. They are on track to eliminate their credit facility debt before the end of Q2 2022 and are maintaining their production guidance for the year.
- Achieved Average Total Production of 29,362 BOPD, Up 20% Year-on-Year
- Generated Net Income of $14 Million
- Increased Adjusted EBITDA to $119 Million, Up 185% Year-on-Year
- Generated Free Cash Flow of $46 Million, Highest Since Fourth Quarter 2012
Headline financials
Revenue & EPS history
Gran Tierra · Revenue · Quarterly
$175M
Forward guidance
Gran Tierra has updated the Company's 2022 financial guidance in light of the significant increase in world oil prices this year. The Company has increased its 2022 Brent price forecast to $95/bbl. At this higher oil price, the Company would maintain 2022 capital at $220-240 million with a forecast 2022 cash flow of $410-430 million, free cash flow of $180-200 million, EBITDA of $550-570 million and a 2022 year-end cash balance of $210-230 million.
Tailwinds
- Maintaining 2022 capital at $220-240 million.
- Forecast 2022 cash flow of $410-430 million.
- Forecast free cash flow of $180-200 million.
- Forecast EBITDA of $550-570 million.
- Forecast 2022 year-end cash balance of $210-230 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2022
-0.0%
Avg return
Earnings day
-1.4%
Avg return
5 days after
+0.2%
Avg return
30 days after
49%
33 / 68 earnings
Positive
+11.8%
Q3 2020
Best reaction
-19.0%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.2% | +5.5% | — | |
| Q4 2025 | +4.7% | +19.3% | +29.6% | |
| Q3 2025 | +2.6% | +25.7% | +35.9% | |
| Q1 2025 | +0.7% | -4.6% | +10.4% | |
| Q4 2024 | -12.5% | -18.9% | -10.8% | |
| Q3 2024 | +3.9% | +3.6% | +7.0% | |
| Q2 2024 | -2.2% | -12.9% | -16.0% | |
| Q1 2024 | +0.7% | +2.8% | +7.6% | |
| Q4 2023 | +4.7% | +3.6% | +26.2% | |
| Q3 2023 | +7.2% | +14.3% | +4.4% | |
| Q2 2023 | -7.1% | -3.8% | -9.4% | |
| Q1 2023 | -17.4% | -22.1% | -34.0% | |
| Q4 2022 | +4.8% | +3.6% | -10.8% | |
| Q3 2022 | -6.7% | -2.2% | -14.8% | |
| Q2 2022 | -0.8% | +6.7% | +10.1% | |
| Q1 2022 | +5.0% | +1.9% | +14.5% | |
| Q4 2021 | +4.8% | +9.5% | +30.2% | |
| Q3 2021 | +0.1% | -5.4% | -28.3% | |
| Q2 2021 | -7.3% | -6.7% | -6.7% | |
| Q1 2021 | +11.0% | +8.5% | +6.5% | |
| Q4 2020 | -0.2% | -24.2% | -28.3% | |
| Q3 2020 | +11.8% | +5.3% | +52.6% | |
| Q2 2020 | -2.0% | -6.3% | -15.6% | |
| Q1 2020 | -7.3% | -20.0% | +66.7% | |
| Q4 2019 | -19.0% | -19.3% | -70.5% | |
| Q3 2019 | -9.9% | -13.2% | -19.0% | |
| Q2 2019 | +2.1% | -3.4% | -8.3% | |
| Q1 2019 | -3.9% | -6.1% | -14.9% | |
| Q4 2018 | -0.9% | +4.8% | -0.4% | |
| Q3 2018 | -3.3% | -7.2% | -12.5% | |
| Q2 2018 | +0.6% | +2.7% | +3.3% | |
| Q1 2018 | +2.4% | +0.3% | -1.2% | |
| Q4 2017 | -7.1% | -5.9% | +3.7% | |
| Q3 2017 | -1.8% | +0.4% | +2.7% | |
| Q2 2017 | -3.4% | -3.8% | -12.8% | |
| Q1 2017 | -8.0% | +0.0% | -7.6% | |
| Q4 2016 | -4.1% | -0.7% | -1.5% | |
| Q3 2016 | +11.2% | +8.6% | +10.9% | |
| Q2 2016 | +5.5% | +6.3% | +9.2% | |
| Q1 2016 | -0.7% | — | — | |
| Q4 2015 | +11.3% | — | — | |
| Q3 2015 | +5.8% | — | — | |
| Q2 2015 | +2.7% | — | — | |
| Q1 2015 | -3.6% | — | — | |
| Q4 2014 | +0.0% | — | — | |
| Q3 2014 | +8.5% | — | — | |
| Q2 2014 | -2.7% | — | — | |
| Q1 2014 | +2.8% | — | — | |
| Q4 2013 | -6.8% | — | — | |
| Q3 2013 | -5.9% | — | — | |
| Q2 2013 | +2.7% | — | — | |
| Q1 2013 | +1.3% | — | — | |
| Q4 2012 | -2.0% | — | — | |
| Q3 2012 | +8.8% | — | — | |
| Q2 2012 | +7.8% | — | — | |
| Q1 2012 | -3.0% | — | — | |
| Q4 2008 | +0.0% | — | — | |
| Q4 2011 | +0.0% | — | — | |
| Q3 2011 | +0.6% | — | — | |
| Q2 2011 | +4.7% | — | — | |
| Q4 2010 | +4.7% | — | — | |
| Q1 2011 | +4.9% | — | — | |
| Q1 2010 | +4.9% | — | — | |
| Q3 2010 | -3.2% | — | — | |
| Q3 2009 | -3.2% | — | — | |
| Q2 2010 | -0.5% | — | — | |
| Q4 2009 | -0.5% | — | — | |
| Q2 2009 | -0.5% | — | — |
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