Gran Tierra Energy Inc. (GTE) Earnings Call Transcripts
Gran Tierra Energy Inc.'s Latest Earnings Call - May 8, 2026
In the first quarter of 2026, Gran Tierra Energy Inc. (GTE:US) reported a significant increase in production and revenue, driven by higher oil prices and strategic asset management. The company achieved an EBITDA range of $345 million to $395 million, alongside a free cash flow projection of $95 million to $115 million. Management revised their 2026 guidance to reflect these changes, indicating a strong outlook for the remainder of the year.
Reported metrics
| Metric | Value |
|---|---|
| Production | 40,000 to 45,000 BOE/day (positive) |
| EBITDA | $345 million to $395 million (positive) |
| Free Cash Flow | $95 million to $115 million (positive) |
| Net Debt | $481 million (positive) |
| Hedged Oil Production | 45% to 50% (positive) |
| Safety Record | 37 million man hours (positive) |
Guidance from management
Management has revised the 2026 budget guidance to reflect higher prices and strategic asset dispositions, projecting EBITDA of $345 million to $395 million and free cash flow of $95 million to $115 million. This guidance indicates a positive outlook for the year ahead.
What management said
We have received an affidavit signed by Odyssey Trust Company that notice of this meeting, along with related proxy and annual report materials, was mailed or made available on March 17, 2026, to Gran Tierra's stockholders of record as of the close of business on March 13, 2026, our record date. A list of stockholders as of the record date is available for inspection by verified stockholders upon e-mailing info@grant...
We have been informed by the Inspector of Election that proxies have been received for 35,298,774 shares of the outstanding shares of Gran Tierra Energy, Inc. common stock. Collectively, the votes for which these proxies were received represent approximately 64.62% of the total number of votes that may be cast by the outstanding shares. This constitutes a quorum for the meeting today.
What analysts pressed on
Analysts expressed concerns regarding the impact of hedging losses estimated at $70 million to $72 million, which could offset some of the benefits from higher oil prices. Additionally, there were questions about the sustainability of production levels amid market volatility and geopolitical risks in operational regions.
Main topics on the call
- Production and Revenue Growth — Gran Tierra reported production levels of 40,000 to 45,000 barrels of oil equivalent per day, benefiting from higher Brent prices at $84. This production level is a direct result of strategic asset management and operati...
- Debt Management Strategy — The company emphasized its commitment to debt reduction, with $481 million in net debt and a plan for $30 million in bond buybacks during 2026. Management stated, 'All free cash flow is directed at debt reduction,' highl...
- Revised Guidance for 2026 — Management revised their 2026 budget guidance to reflect market conditions, projecting EBITDA of $345 million to $395 million and free cash flow of $95 million to $115 million. This revision indicates a proactive approac...
- Hedging Strategy — Gran Tierra has hedged 45% to 50% of its oil production through the fourth quarter of 2026, which provides a buffer against price volatility. Management noted, 'Shareholders get an increasing price exposure as we move th...
Read the full Gran Tierra Energy Inc. transcript (May 8, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Gran Tierra Energy Inc.
Gran Tierra Energy Inc. (GTE) is a publicly listed company in the Oil, Gas and Consumable Fuels industry, within the Energy sector. It trades on NYSEAM and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 32 calls on record spanning February 27, 2020 to August 5, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 32 Gran Tierra Energy Inc. earnings call transcripts on record, spanning February 27, 2020 to August 5, 2026. Based on this history, Gran Tierra Energy Inc. reports quarterly. The most recent call on file is dated August 5, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- GTE
- Exchange
- NYSEAM
- Country
- US
- Sector
- Energy
- Industry
- Oil, Gas and Consumable Fuels
- Calls on record
- 32
- First call
- February 27, 2020
- Most recent
- August 5, 2026
- Reporting cadence
- quarterly