What does impairment of oil and gas properties mean?

This reflects non-cash charges recognized when the carrying value of oil and gas properties exceeds their recoverable fair value. It serves as an indicator of declining asset quality, unfavorable commodity price environments, or unsuccessful exploration efforts. Frequent impairments suggest potential issues with capital allocation or reserve valuation.

Gran Tierra Energy GTE Impairment Of Oil And Gas Properties

Impairment Of Oil And Gas Properties at other companies

Northern Oil and GasNOG

$268.28M—

Other financials

Income statement

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Revenue$172.1M+2.3%

Net income-$119.2M-518%

EPS (diluted)-$3.38-526%

Balance sheet

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Cash & equivalents$134.9M+57.0%

Total debt$639.5M-14.6%

Total equity$108.9M-72.3%

Total assets$1.6B-1.7%

Cash flow

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Operating cash flow$172.7M+136%

Valuation

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Market cap$221M+19.0%

Enterprise value$725.62M-20.6%

P/S0.4×+0.1×

Profitability

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Net margin-48.5%—

Returns & leverage

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Return on equity-116.6%—

Debt / equity5.9×+4.0×

Current ratio0.5×0.0×

Where this comes from

Reported directly by Gran Tierra Energy in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfOilAndGasProperties.

The official record: Gran Tierra Energy’s 10-K, filed March 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Gran Tierra Energy's impairment of oil and gas properties?: Gran Tierra Energy (GTE) reported impairment of oil and gas properties of $34.07M in Q4 2025.
What does impairment of oil and gas properties mean?: This reflects non-cash charges recognized when the carrying value of oil and gas properties exceeds their recoverable fair value. It serves as an indicator of declining asset quality, unfavorable commodity price environments, or unsuccessful exploration efforts. Frequent impairments suggest potential issues with capital allocation or reserve valuation.