GTE stock: Yahoo -> Finance -> Conversation | smart investor also good sharing | Bruno

 2 days ago

New seekingalpha article out. Like everyone else, the author tries to paint a worst case scenario regarding the protests. Fortunately, he also provided some financial projections: "If Gran Tierra is forced to keep production shut-in for an extended period of 5,250 barrels per day, based on its revised 2021 EBITDA forecast, its EBITDA will fall by around an estimated $48 million. That makes the driller, based on projected earnings, worth $1.17 per share at the top end of its 2021 estimate or $0.88 per share at the bottom-end of its forecast, indicating that even after factoring in the impact of the current events in Colombia Gran Tierra is 95% and 47% undervalued respectively."

https://seekingalpha.com/article/4431384-colombias-protests-impacting-gran-tierra-energy

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  now

  Thank you Bruno. I hold more than 10,000 shares, but I did not add more position around 0.72/ share.
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  1 hour ago

  There hedges change july 1 to 7000 bpd at a 61 min and a 64 max so if oil stays at 68 price may off set some of the losses
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  11 hours ago

  Agree for those who are willing and patient enough to approach it for a longer-term hold. Should work out well. This crisis will eventually pass, but it is more deep and longer lasting than originally anticipated. My concern is with the elections in Peru and this situation, it may spread to other countries where I have stock holdings.
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  2 days ago

  Bought more!
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  2 days ago

  It's a win for me either way!
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  2 days ago

  Thanks for posting Bruno
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  2 days ago

  good. Now lets look at PE multiples based on those EPS numbers.