Gran Tierra GAAP EPS of $0.23, revenue of $154.94M; issues FY24 guidance
Press Room
Gran Tierra press release (NYSE:GTE): Q4 GAAP EPS of $0.23.
Revenue of $154.94M (-4.7% Y/Y).
The Company achieved a return on average capital employed of 15% during 2023.
Met 2023 Production Guidance by Gran Tierra achieved 2023 average WI production of 32,647 bopd (100% oil), a 6% increase from 2022.
Net Asset Value per Share of $18.79 Before Tax and $10.46 After Tax, $44.48 Before Tax and $24.06 After Tax (1P), and $79.13 Before Tax and $42.71 After Tax (2P).
The Company’s total current average production for 2024 year-to-date is approximately 32,200 bopd. The current average production for February 2024 month-to-date is approximately 33,600 bopd and is expected to increase during March 2024 as additional wells are brought on production.
