Q2 EPS $0.14 Beats $0.06 Estimate | GTE Message Board Posts


Gran Tierra Energy Inc.

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Msg  15267 of 15270  at  8/9/2022 10:27:35 PM  by

delt1970


Q2 EPS $0.14 Beats $0.06 Estimate

*Average Total Production of 30,607 BOPD, Highest since Fourth Quarter 2019

*Total Average Production Up 4% from First Quarter 2022 and 33% from Second Quarter 2021

*Generated Net Income of $53 Million

*Increased Adjusted EBITDA(1) to $140 Million, Up 286% Year-on-Year

*Grew Net Cash Provided by Operating Activities to $143 Million, Up 285% Year-on-Year

*Increased Funds Flow from Operations(1) to $104 Million, Up 345% Year-on-Year, Highest since First Quarter 2013

*Generated Free Cash Flow(1)of $38 Million

*Credit Facility Repaid in Full

*As of June 30, 2022, Cash Balance of $109 Million and Net Debt(1) of $491 Million

https://www.grantierra.com/press-room/article/369-gran-tierra-energy-inc-announces-second-quarter-2022-results



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