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Gran Tierra Energy Inc. (GTE) [hlAlert]

Rating:
Buy GTE
down 67.36 %

Gran Tierra Energy Inc. (GTE) upgraded to Buy with price target $9 by Standpoint Research

Posted on: Friday,  Jul 1, 2011  12:25 PM ET by Standpoint Research

Standpoint Research rated Buy Gran Tierra Energy Inc. (AMEX: GTE) on 07/01/2011, when the stock price was $6.68.
Since then, Gran Tierra Energy Inc. has lost 67.37% as of 08/27/2015's recent price of $2.18.
If you would have followed this Standpoint Research's recommendation on GTE, you would have lost 67.36% of your investment in 1518 days.

Gran Tierra Energy Inc. (Gran Tierra) is an independent energy company engaged in oil and gas exploration, development and production. The Company owns oil and gas properties in Colombia, Argentina and Peru. During the year ended December 31, 2008, the Company held 1,996,575 gross acres in Colombia, 1,635,491 gross acres in Argentina and 3,436,040 acres in Peru. On November 14, 2008, Gran Tierra completed the acquisition of Solana Resources Limited (Solana). Solana's exploration and development properties are located in Colombia, and are held through its wholly owned subsidiary, Solana Petroleum Exploration (Colombia) Limited. Solana holds working interests in nine blocks in Colombia and operates six of these blocks. Gran Tierra is the operator of two of the producing blocks, Guayuyaco and Chaza, along with one producing well, Inchiyaco, on its Santana block in which Solana is a partner.

Standpoint Research provides independent equity research that is free from the conflicts of asset management, investment banking, proprietary trading, and fee-for-research arrangements. We provide thorough analysis, diagnostics and forecasts on domestic and international equities and markets backed by alpha-generating variables back-tested on many years of data. Standpoint Research currently advises and sells its research to pension funds, hedge funds and asset management firms. Wall Street analysts have an optimistic bias, while we are more objective. In fact some of the variables in our model that are looked at as positives by Wall Street actually carry negative weight in our model. We have a strict discipline that includes running our proprietary 155-variable valuation and diagnostics model with a personal and subjective overlay that has been proven to add value. The effectiveness is demonstrated through our impressive track record of recommendations.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/1/2011 12:25 PM Buy
None
6.68 9.00
as of 12/30/2011
1 Week up  3.44 %
1 Month down  -24.76 %
3 Months up  0.62 %
1 YTD down  -28.14 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/12/2010 12:25 PM Hold
None
5.44
6/4/2009 4:00 PM Buy
None
3.21

(*) Stock Price at the time of the recommendation.
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