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AI brief of an SEC Form 8-K · GRAN TIERRA ENERGY INC. (GTE)

Gran Tierra Q2 net income rises to $25 million, EPS $0.70 from a Q1 loss

Mixed Impact 3 of 5 earnings Written later

Gran Tierra Energy reported second quarter 2026 net income of $25 million, or $0.70 per share, compared with a net loss of $119 million in the first quarter and a $13 million loss a year earlier. Adjusted EBITDA was $85 million, and production fell 9% from the prior quarter to 41,501 boe per day, partly due to asset sales, so the improved profit rests on higher oil prices.

Key points

  • Net income of $25 million ($0.70 per share) versus a net loss of $119 million in Q1 2026 and a $13 million loss in Q2 2025
  • Sales of $187 million, up 25% from Q2 2025, driven by a 45% rise in Brent price, while sales volumes fell 16%
  • Cash of $127 million and total gross debt of $606 million at June 30, 2026; net cash from operations fell 67% from Q1 to $57 million

The filing

CompanyGRAN TIERRA ENERGY INC. (GTE)
Form8-K, current report
Filed with the SECAug 4, 2026, 9:05 PM ET
Accession number0001273441-26-000029

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.