Gran Tierra Energy: Fourth Quarter Earnings Overview

Gran Tierra Energy Inc. Reports Fourth Quarter Financial Results

Gran Tierra Energy Inc., headquartered in Calgary, Alberta, announced on Tuesday that it recorded a net loss of $141.1 million for the fourth quarter.

The company reported a per-share loss of $4 during this period. When excluding asset impairment charges, the adjusted loss amounted to 14 cents per share.

During the quarter, the oil and gas producer generated $129.9 million in revenue.

Looking at the full year, Gran Tierra Energy posted a total loss of $193.1 million, translating to $5.45 per share, with annual revenue reaching $596.7 million.