GTE

The past six months have seen several significant events impacting Gran Tierra Energy's stock price. In March 2026, the company announced its 2025 fourth-quarter and year-end results. Also in March 2026, four members of Gran Tierra's board of directors resigned due to disagreements over the handling of an audit committee investigation, leading to a reduction in board size and signaling governance concerns, which caused the stock price to drop. In May 2026, Gran Tierra Energy reported its first-quarter 2026 results, which included a net loss primarily driven by non-cash items like hedging losses and stock-based compensation. The company also announced the completion of conditions precedent for the Tisquirama Contract, earning a 49% working interest in the Tisquirama block in Colombia. A major development occurred in August 2026 when Gran Tierra Energy announced an agreement to sell its Colombian and Ecuadorian businesses to Maurel & Prom for approximately $1.33 billion. This transaction, with an economic effective date of March 31, 2026, is expected to reposition the company for growth, eliminate debt, and provide financial flexibility, with plans for a potential share repurchase. Gran Tierra also reported its second-quarter 2026 results in August, showing a net income of $25 million, reversing a prior-quarter net loss, and generating positive free cash flow. In September 2026, Gran Tierra Energy initiated and successfully completed a consent solicitation from holders of its 9.750% Senior Secured Amortizing Notes due 2031 to amend the indenture governing the notes, a condition for the closing of the sale of its Colombian and Ecuadorian businesses. The company also filed a definitive proxy statement for a special meeting of stockholders to approve this sale. Over the last 12 months, Gran Tierra Energy's stock price has increased by 167.96%, with a year-to-date return of 146.93%. As of September 9, 2026, the share price was $10.47, a significant increase from $4.06 on September 10, 2025.