Gran Tierra Energy: 2Q Earnings Snapshot
CALGARY, Alberta (AP) _ Gran Tierra Energy Inc. (GTE) on Wednesday reported second-quarter profit of $38.5 million.
On a per-share basis, the Calgary, Alberta-based company said it had profit of 10 cents. Earnings, adjusted for non-recurring gains, were 6 cents per share.
The oil and natural gas company posted revenue of $158 million in the period.
The company’s shares closed at $1.45. A year ago, they were trading at $3.43.