Gran Tierra Energy: 4Q Earnings Snapshot
CALGARY, Alberta (AP) _ Gran Tierra Energy Inc. (GTE) on Wednesday reported fourth-quarter net income of $27 million, after reporting a loss in the same period a year earlier.
The Calgary, Alberta-based company said it had profit of 7 cents per share. Losses, adjusted for non-recurring gains, came to 3 cents per share.
The oil and natural gas company posted revenue of $127.9 million in the period.
For the year, the company reported profit of $38.7 million, or 10 cents per share. Revenue was reported as $571 million.
The company's shares closed at 82 cents. A year ago, they were trading at $2.28.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GTE at https://www.zacks.com/ap/GTE