Gran Tierra Energy Inc. Reports Second Quarter 2026 Results
Gran Tierra Energy returned to profitability in the second quarter of 2026, reporting net income of $25 million ($0.70 per share) compared to a net loss in the prior year. Adjusted EBITDA increased to $85 million and the company generated $6 million in free cash flow, supported by a 25% year-over-year rise in sales to $187 million and significantly improved operating netbacks. Total production averaged 41,501 boepd, which was within guidance but lower year-over-year due to the sale of non-core assets and temporary facility issues. The company benefited from a stronger commodity price environment, with operating netback per boe increasing 62% to $34.73.
Key figures
- Eps
- 0.7
- Revenue
- $187 million
- Revenue Yoy
- 25%
- Net income
- $25 million
- Free cash flow
- $6.0 million
- Adjusted ebitda
- $85 million
- Production boepd
- 41501
- Cash netback per boe
- $15.90
- Suroriente capital carry
- $123.0 million
- Operating netback per boe
- $34.73
- Lodgepole disposition proceeds
- C$12.8 million
- Prospective resources unrisked mean
- 72 MMboe
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.