Gran Tierra Energy Inc. has delivered a remarkable earnings surprise, posting a significant profit in the second quarter of 2026.
Gran Tierra Energy Inc. (GTE.TO) reported its second-quarter earnings on August 5, 2026, revealing an impressive earnings per share (EPS) of $0.70, which exceeded analysts' expectations by 105.9%. This performance comes amidst a backdrop of strategic asset divestitures and a focus on growth in Canada and Azerbaijan.
Recent earnings trend
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Gran Tierra Energy Inc
GTE.TO
GTE.TO
Gran Tierra Energy Inc
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Market cap
$441.90M
52W high
$16.16
52W low
$4.33
1W change
+18.73%
Beta
0.16
Analyst Price Targets
Based on analyst covering GTE
Wall Street analysts forecast GTE stock price to rise 11.3% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$13.90
+11.3% Upside
Current Price
C$12.49
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on GTE's historical volatility
30-Day Vol
117.1%
Annualized
90-Day Vol
88.2%
Annualized
Trend (90d)
+2.7%
Annualized drift
90d Mean
C$12.61
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$12.53 | C$8.37 โ C$18.77 |
| 60 trading days | C$12.57 | C$7.10 โ C$22.26 |
| 90 trading days | C$12.61 | C$6.26 โ C$25.39 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 2 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 1 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-05 | โ | 0.3000 | โ |
| 2026-06-30 | 2026-08-05 | 0.7000 | 0.3400 | +105.9% |
| 2026-03-31 | 2026-05-08 | -3.3800 | -1.3200 | -156.1% |
| 2025-12-31 | 2026-03-03 | -4.0000 | -0.1600 | -2400.0% |
| 2025-09-30 | 2025-10-30 | -0.7786 | 0.3000 | -359.5% |
| 2025-06-30 | 2025-07-30 | -0.3600 | -0.4300 | +16.3% |
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Investor takeaway: The recent earnings report highlights Gran Tierra's potential for growth following its successful divestiture of South American assets, positioning the company to enhance shareholder value while maintaining a robust production profile.
Earnings Surprise of 105.9%
Gran Tierra's EPS of $0.70 significantly surpassed the consensus estimate of $0.34, marking a pivotal turnaround from previous losses.
Bull case
Gran Tierra's strong cash reserves after selling off some assets, combined with its focus on promising Canadian projects, could lead to solid returns for shareholders and growth in operations in the upcoming quarters.
Bear case
Even with the positive earnings surprise, the company has struggled with production levels and profit margins, and its past performance has been inconsistent. Investors should stay cautious about what the future holds.
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