Aug 7, 2026
Gran Tierra (GTE) ran nearly 40% after the $1.3B divestiture of its oil assets in Colombia and Ecuador, leaving its gas-heavy Canadian footprint and $315M of cash…
… with the buyer assuming GTE’s long-dated notes and the company using proceeds to redeem its 2027 notes - generating $80M of annual interest savings and freeing up capacity for buybacks.
About Bullpen: Bullpen Finance Inc. publishes content on Canadian markets and provides paid research coverage of select Canadian issuers. Bullpen is paid in cash by covered issuers, does not accept stock or options, does not hold positions in covered securities, and does not conduct investment banking business. Bullpen and LodeRock Advisors Inc. are affiliated; LodeRock provides investor relations services to issuers, some of whom are covered by Bullpen Research. When a post discusses a covered issuer, a specific disclosure appears at the top of the post. This post is published for general information purposes. It is not personalized investment advice and is not tailored to any individual reader’s circumstances. Bullpen is not a registered investment adviser or dealer. For full disclosures, including analyst certification, jurisdictional statements, and conflict of interest policies, please see our Legal & Disclosures section on our website.
