Gran Tierra Energy (GTE) stock forecast for 2023. Forecast tables and graphs.

Gran Tierra Energy (GTE) stock forecast for 2023

Last update: 05-14-2022, 8:08

Sector: Energy

The share price of Gran Tierra Energy Inc. (GTE) now

What analysts predict:: $3.31

52-week high/low: $2.02 / $0.44

50/200 Day Moving Average: $1.601 / $1.0

This figure corresponds to the average price over the previous 50/200 days. For Gran Tierra Energy stocks, the 50-day moving average is the support level today.

For Gran Tierra Energy stocks, the 200-day moving average is the support level today.

Are you interested in Gran Tierra Energy stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Gran Tierra Energy stock price in 2023. How much will one Gran Tierra Energy share be worth in 2023?

Is it worth taking profit / loss on Gran Tierra Energy stock now or waiting? What are analysts' forecasts for Gran Tierra Energy stock?

We forecast Gran Tierra Energy stock performance using neural networks based on historical data on Gran Tierra Energy stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

The Gran Tierra Energy stock prediction results are shown below and presented as a graph, table and text information.

Gran Tierra Energy stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Gran Tierra Energy analysts is $3.31.

Today 200 Day Moving Average is the support level (1.0 $).

50 Day Moving Average is the support level (1.601 $).




Historical and forecast chart of Gran Tierra Energy stock

The chart below shows the historical price of Gran Tierra Energy stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Gran Tierra Energy stock price can be found in the table below.

Gran Tierra Energy (GTE) Forecast for 2023

Month Target Pes. Opt. Vol., %
Jan 1.73 1.63 1.95 16.50 %
Feb 1.83 1.78 2.07 14.06 %
Mar 2.05 1.87 2.15 13.00 %
Apr 2.02 1.94 2.27 14.41 %
May 1.96 1.86 2.09 10.94 %
Jun 2.26 2.14 2.46 13.24 %
Jul 2.31 2.16 2.52 14.24 %
Aug 2.32 2.07 2.60 20.31 %
Sep 2.35 2.13 2.56 16.59 %
Oct 2.60 2.48 2.90 14.51 %
Nov 2.64 2.51 2.94 14.80 %
Dec 2.66 2.41 2.93 17.73 %

Gran Tierra Energy information and performance

Gran Tierra Energy, Inc. engages in the exploration and production of oil and natural gas in Colombia and Ecuador. It holds interests in the assets located in the Middle Magdalena Valley and Putumayo Basins. The company was founded on June 6, 2003 and is headquartered in Calgary, Canada.

Gran Tierra Energy Address

900, 520 3RD AVENUE S.W., CALGARY, AB, CA

Market Capitalization: 515 845 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: 244 975 000 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: 12.07

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.23

Price/earnings to growth

DPS: N/A

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: N/A

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 0.116

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A

Quarterly Revenue Growth YOY: 1.258

Trailing PE: 12.07

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 3.075

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 1.964

Enterprise Value (EV) /Revenue

EV To EBITDA: 3.572

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 368461000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A

Percent Insiders: N/A

Percent Institutions: N/A

Gran Tierra Energy price target for 2021 by month


Target values for the price of one Gran Tierra Energy share for Jan 2023.

The weighted average target price per Gran Tierra Energy share in Jan 2023 is: 1.73. In Jan, the positive dynamics for Momo shares will prevail with possible monthly volatility of 16.500% volatility is expected.

Pessimistic target level: 1.63

Optimistic target level: 1.95


Target values for the price of one Gran Tierra Energy share for Feb 2023.

The weighted average target price per Gran Tierra Energy share in Feb 2023 is: 1.83. In Feb, the positive dynamics for Momo shares will prevail with possible monthly volatility of 14.062% volatility is expected.

Pessimistic target level: 1.78

Optimistic target level: 2.07


Target values for the price of one Gran Tierra Energy share for Mar 2023.

The weighted average target price per Gran Tierra Energy share in Mar 2023 is: 2.05. In Mar, the positive dynamics for Momo shares will prevail with possible monthly volatility of 12.997% volatility is expected.

Pessimistic target level: 1.87

Optimistic target level: 2.15


Target values for the price of one Gran Tierra Energy share for Apr 2023.

The weighted average target price per Gran Tierra Energy share in Apr 2023 is: 2.02. In Apr, the negative dynamics for Momo shares will prevail with possible monthly volatility of 14.408% volatility is expected.

Pessimistic target level: 1.94

Optimistic target level: 2.27


Target values for the price of one Gran Tierra Energy share for May 2023.

The weighted average target price per Gran Tierra Energy share in May 2023 is: 1.96. In May, the negative dynamics for Momo shares will prevail with possible monthly volatility of 10.944% volatility is expected.

Pessimistic target level: 1.86

Optimistic target level: 2.09


Target values for the price of one Gran Tierra Energy share for Jun 2023.

The weighted average target price per Gran Tierra Energy share in Jun 2023 is: 2.26. In Jun, the positive dynamics for Momo shares will prevail with possible monthly volatility of 13.235% volatility is expected.

Pessimistic target level: 2.14

Optimistic target level: 2.46


Target values for the price of one Gran Tierra Energy share for Jul 2023.

The weighted average target price per Gran Tierra Energy share in Jul 2023 is: 2.31. In Jul, the positive dynamics for Momo shares will prevail with possible monthly volatility of 14.244% volatility is expected.

Pessimistic target level: 2.16

Optimistic target level: 2.52


Target values for the price of one Gran Tierra Energy share for Aug 2023.

The weighted average target price per Gran Tierra Energy share in Aug 2023 is: 2.32. In Aug, the positive dynamics for Momo shares will prevail with possible monthly volatility of 20.315% volatility is expected.

Pessimistic target level: 2.07

Optimistic target level: 2.60


Target values for the price of one Gran Tierra Energy share for Sep 2023.

The weighted average target price per Gran Tierra Energy share in Sep 2023 is: 2.35. In Sep, the positive dynamics for Momo shares will prevail with possible monthly volatility of 16.593% volatility is expected.

Pessimistic target level: 2.13

Optimistic target level: 2.56


Target values for the price of one Gran Tierra Energy share for Oct 2023.

The weighted average target price per Gran Tierra Energy share in Oct 2023 is: 2.60. In Oct, the positive dynamics for Momo shares will prevail with possible monthly volatility of 14.512% volatility is expected.

Pessimistic target level: 2.48

Optimistic target level: 2.90


Target values for the price of one Gran Tierra Energy share for Nov 2023.

The weighted average target price per Gran Tierra Energy share in Nov 2023 is: 2.64. In Nov, the positive dynamics for Momo shares will prevail with possible monthly volatility of 14.799% volatility is expected.

Pessimistic target level: 2.51

Optimistic target level: 2.94


Target values for the price of one Gran Tierra Energy share for Dec 2023.

The weighted average target price per Gran Tierra Energy share in Dec 2023 is: 2.66. In Dec, the positive dynamics for Momo shares will prevail with possible monthly volatility of 17.733% volatility is expected.

Pessimistic target level: 2.41

Optimistic target level: 2.93




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.