GRAN TIERRA ENERGY INC.

Listed Company

GTECIK 0001273441NYSEAcceleratedSmaller ReportingCrude Petroleum & Natural GasDelawareCAFY ends Dec 31

Period

FY 2025

Revenue

$596.71M

Net Income

$-193.12M

Total Assets

$1.59B

Equity

$228.74M

Shares Out

35.30M

Op. Cash Flow

$313.25M

Business

GRAN TIERRA ENERGY INC. is a foreign private issuer in Crude Petroleum & Natural Gas, headquartered in Canada. Shares trade on NYSE under the ticker GTE.

Auto-generated from company profile

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
OIL, NATURAL GAS AND NGL SALES (NOTE 15)	597	622	637	711	474
Operating	249	202	187	162	136
Transportation	17	18	15	10	12
Export tax	3	0	0	—	—
Depletion, depreciation and accretion (Note 8)	278	231	216	180	140
Asset impairment (Note 9)	136	0	0	—	—
General and administrative	60	51	46	41	36
Foreign exchange loss (gain)	9	−9	12	3	20
Derivative instruments (gain) loss	−19	2	0	27	49
Interest expense (Note 11)	101	80	56	46	54
Transaction costs	0	6	0	0	—
Other financial instruments loss	0	0	15,000	−7,000	3
TOTAL EXPENSES	835	582	530	469	451
OTHER GAIN (LOSS)	4	1	−2	3	−44,000
INTEREST INCOME	1	4	2	443,000	0
(LOSS) INCOME BEFORE INCOME TAXES	−233	45	106	245	23
Current (Note 16)	16	69	56	81	4
Deferred (Note 16)	−56	−28	57	25	−24
Total income tax (recovery) expense	−40	41	112	106	−19
NET (LOSS) INCOME	−193	3	−6	139	42
Foreign currency translation gain (loss)	9	−7	0	—	—
NET AND COMPREHENSIVE LOSS	−184	−4	−6	139	—
BASIC (in dollars per share)	−5.45	0.1	−0.19	3.81	1.16
DILUTED (in dollars per share)	−5.45	0.1	−0.19	3.76	1.15
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares)	35	32	33	36	37
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED (in shares)	35	32	33	37	37

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	83	103	62	127	26
Accounts receivable (Note 6)	33	35	12	11	13
Inventory (Note 7)	55	43	29	20	—
Taxes receivable (Note 5)	27	18	438,000	54,000	46
Derivatives (Note 18)	10	712,000	—	—	—
Other current assets	5	10	8	11	17
Total Current Assets	214	211	112	169	102
Proved	1,155	1,261	1,055	1,000	860
Unproved	108	120	54	74	132
Total Oil and Natural Gas Properties	1,263	1,380	1,109	1,075	991
Other capital assets	41	43	34	26	4
Total Property, Plant and Equipment	1,304	1,423	1,143	1,101	996
Taxes receivable long-term (Note 5)	2	2	52	28	18
Deferred tax assets (Note 16)	56	12	11	23	61
Other long-term assets (Note 18 and 19)	10	7	8	15	12
Total Other Long-Term Assets	68	20	71	—	—
Total Assets	1,586	1,655	1,326	1,336	1,189
Accounts payable and accrued liabilities (Note 10, 12 and 14)	314	273	187	168	149
Current portion of long-term debt (Note 11)	21	25	0	0	67
Taxes payable (Note 5)	12	14	27	59	7
Equity compensation award liability (Note 13)	9	11	10	15	—
Total Current Liabilities	356	322	260	242	228
Long-term debt (Note 11)	687	722	520	590	—
Customer advance (Note 12)	116	0	—	—	—
Deferred tax liabilities (Note 16)	53	64	57	28,000	0
Asset retirement obligation (Note 14)	119	106	73	63	55
Equity compensation award liabilities (Note 13)	15	17	9	16	14
Other long-term liabilities (Note 18)	12	9	11	7	3
Total Long-Term Liabilities	1,002	919	670	676	659
Commitments and Contingencies (Note 17)	—	—	—	—	—
Common Stock (Note 13) (35,298,774 and 36,460,141 issued, 35,298,774 and 35,972,193 outstanding shares of Common Stock, par value $0.001 per share, as at December 31, 2025 and December 31, 2024, respectively)	10	10	10	10	10
Additional paid in capital	1,269	1,273	1,250	1,291	1,288
Treasury stock (Note 13)	0	−3	−163,000	−27	0
Accumulated other comprehensive gain (loss)	3	−7	0	—	—
Deficit	−1,053	−860	−863	−857	−996
Total Shareholders Equity	229	414	396	418	302
Total Liabilities and Shareholders Equity	1,586	1,655	1,326	1,336	1,189

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Stock-based compensation expense (Note 13)	3	10	6	9	8
Amortization of debt issuance costs (Note 11)	17	13	6	4	4
Non-cash lease expenses	6	6	5	3	2
Non-cash interest expense	2	0	0	—	—
Lease payments	−6	−5	−3	−2	−2
Unrealized foreign exchange loss (gain)	1	−8	−5	10	22
Unrealized derivative instruments (gain) loss (Note 18)	−9	3	0	—	—
Cash settlement of asset retirement obligation (Note 14)	−6	−2	−377,000	−3	−805,000
Other non-cash (gain) loss	−3	0	2	−3	44,000
Net change in assets and liabilities from operating activities (Note 19)	142	16	−48	64	59
Net cash provided by operating activities	313	239	228	428	245
Additions to property, plant and equipment (Note 8 and 19)	−276	−234	−227	−210	−150
Cash paid for business combinations, net of cash acquired (Note 3)	0	−163	0	0	—
Proceeds on disposition of property, plant and equipment (Note 8)	8	44	0	—	—
Cash paid for property acquisitions, net of cash acquired (Note 8)	−4	0	0	—	—
Net cash used in investing activities	−272	−353	−227	−210	−105
Proceeds from issuance of Senior Notes, net of issuance costs	0	221	0	0	0
Purchase of Senior Notes (Note 11)	−17	0	−7	−17	0
Senior Notes issuance costs	0	0	−13	0	0
Repayment of Senior Notes (Note 11)	−25	0	−60	0	0
Proceeds from debt, net of issuance costs (Note 11)	117	0	48	0	−228,000
Repayment of debt (Note 11)	−120	−36	−14	−68	−123
Lease payments	−11	−13	−7	−2	−2
Proceeds from exercise of stock options (Note 13)	100,000	400,000	8,000	1	100,000
Re-purchase of shares of Common Stock (Note 13)	−3	−15	−17	−27	0
Net cash (used in) provided by financing activities	−60	157	−70	−113	−125
Foreign exchange gain (loss) on cash and cash equivalents and restricted cash and cash equivalents	387,000	−3	6	−2	−821,000
Net (decrease) increase in cash and cash equivalents and restricted cash and cash equivalents	−19	40	−62	102	14

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro