Skip to content

Gran Tierra Energy GTE Business Segments

FY'25FY'24FY'23FY'22
OIL, NATURAL GAS AND NGL SALES (Note 9) by Business
Canada$118.82M+527%$18.96M$0$0
Colombia$418.41M-27.3%$575.48M-7.4%$621.3M-12.7%$711.39M
Ecuador$62.61M+128%$27.41M+75.0%$15.66M$0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business
Canada$55.83M+547%$8.63M$0$0
Colombia$240.27M-36.8%$379.93M-11.3%$428.37M-20.5%$538.81M
Ecuador$35.1M+181%$12.49M+73.9%$7.18M$0
Total Assets by Business
Canada$1.11B
Colombia$4.47B
Ecuador$806.32M
Sales to each significant customer as % of oil and gas sales by Business
Canada19%
Colombia70%-23.0pp93%-4.0pp97%-3.0pp100%0.0pp
Ecuador11%
Property, plant and equipment by Business
Canada$986.7M
Colombia$3.96B
Ecuador$666.9M
All other assets by Business
Canada$123.95M
Colombia$511.09M
Ecuador$139.42M
Operating expenses by Business
Canada$58.58M+507%$9.65M$0$0
Colombia$165.64M-7.6%$179.26M+0.1%$179.1M+10.3%$162.39M
Ecuador$24.27M+80.8%$13.43M+73.0%$7.76M$0
Segment capital expenditures by Business
Canada$61.87M+395%$12.51M$0$0
Colombia$143.17M+1.1%$141.6M-29.7%$201.28M+12.4%$179.05M
Ecuador$70.07M-11.7%$79.39M+214%$25.28M-18.4%$30.98M
Transportation by Business
Canada$4.41M+556%$672K$0$0
Colombia$12.51M-23.3%$16.3M+17.8%$13.83M+35.6%$10.2M
Ecuador$3.24M+116%$1.5M+109%$717K$0
Acquisition costs by Business
Colombia$571K$0$0-100%$571K-88.9%
Ecuador$2.4M$0$0$0
Exploration costs by Business
Colombia$39.7M+204%$13.04M-16.8%$15.67M-45.9%$28.95M+12.3%
Ecuador$39.33M+25.3%$31.38M+634%$4.28M+1,025%$380K
Acquisitions by Product
Crude Oil2.7M-73.3%10.1M
Gas0-100%184.8M
NGL0-100%21.8M
Oil and Gas, Proved Reserve, Quantity, Volume, Production by Product
Crude Oil$9.47M-0.8%$9.55M+0.5%$9.5M+4.1%$9.13M
Gas$16.49M+550%$2.54M$0-100%$15K-87.4%
NGL$1.59M+511%$260K$0$0
Dispositions by Product
Crude Oil0
Gas-3.3M
NGL-500K
Revisions of previous estimates by Product
Crude Oil-$4.38M-1,029%-$388K-154%$725K-53.5%$1.56M
Gas-$49.6M$0+100%-$1.45M-595%-$208K-256%
Liquids-$49.6M-12,300%-$400K-157%$700K-56.3%$1.6M+58.6%
NGL-$7.3M$0$0$0
Extensions discoveries, and additions by Product
Crude Oil$7.35M-14.9%$8.64M-51.5%$17.81M+184%$6.27M
Gas$6.13M$0$0$0
NGL$298K$0$0$0
OIL, NATURAL GAS AND NGL SALES (NOTE 15) by Geography
Canada$118.82M+527%$18.96M$0$0
Colombia$418.41M-27.3%$575.48M-7.4%$621.3M-12.7%$711.39M
Ecuador$62.61M+128%$27.41M+75.0%$15.66M$0
Income tax recovery (expense) by Geography
Canada$16.72M+23,779%$70K$0$0
Colombia$26.65M+133%-$80.04M+22.7%-$103.49M+2.3%-$105.91M-647%
Ecuador-$4.02M-286%-$1.04M-1,256%$90K$0
Oil, natural gas and NGL sales by Geography
Canada$115.69M+510%$18.96M$0$0
Colombia$418.41M-27.3%$575.48M-7.4%$621.3M-12.7%$711.39M+50.2%
Ecuador$62.61M+128%$27.41M+75.0%$15.66M$0
Results of Operations by Geography
Canada-$54.61M-22,942%-$237K$0$0
Colombia$9.57M-89.2%$88.65M-24.6%$117.53M-53.5%$252.86M+22.8%
Ecuador$1.18M-8.4%$1.29M+273%-$745K$0
Sales and transfers of oil and natural gas produced, net of production costs by Geography
Canada-$50.17M$0$0$0
Colombia-$369.27M+29.5%-$523.57M+27.1%-$718.61M-65.7%-$433.68M
Ecuador-$29.86M+10.0%-$33.18M-57.3%-$21.1M$0
Revenues received in U.S. dollars (as a percent) by Geography
Colombia100%0.0pp100%0.0pp100%0.0pp100%0.0pp
Ecuador100%
Net (decrease) increase by Geography
Canada-$40.1M-128%$143.56M$0$0
Colombia-$333.26M-40.3%-$237.47M+32.0%-$349.48M-177%$455.04M
Ecuador$24.13M+136%$10.22M+29.5%$7.89M-76.7%$33.81M
Net change in income taxes by Geography
Canada$13.47M$0$0$0
Colombia$260.81M+255%$73.37M+64.6%$44.59M+106%-$714.43M
Ecuador-$33.37M-50.2%-$22.22M-89.7%-$11.71M+54.0%-$25.45M
Cost of Product and Service Sold by Geography
Canada$59.86M+480%$10.32M$0$0
Colombia$178.41M-8.8%$195.55M+1.4%$192.93M+11.8%$172.58M+17.1%
Ecuador$27.51M+84.4%$14.92M+76.0%$8.48M$0
Net changes in prices and production costs related to future production by Geography
Canada$12.79M$0$0$0
Colombia-$567.32M-162%-$216.67M+75.4%-$881.34M-166%$1.34B
Ecuador-$130.39M-131%$423.05M+1,084%-$43M-219%$36.08M
Oil and Gas, Standardized Measure, Discounted Future Net Cash Flow, Sale of Mineral in Place by Geography
Canada$2.61M
Colombia$0
Ecuador$0
Twelve month period unweighted arithmetic average of the wellhead price as of the first day of each month within the twelve month period by Geography
Canada$32.7+41.0%$23.19$0$0
Colombia$57.32-15.8%$68.07-2.6%$69.91-18.9%$86.16+48.4%
Ecuador$63.05-15.8%$74.85-3.3%$77.44-15.4%$91.53+46.6%
Oil and Gas, Result of Operation, Depreciation, Depletion, Amortization, and Valuation Provision by Geography
Canada$48.6M+444%$8.94M$0$0
Colombia$199.38M-5.6%$211.24M+1.9%$207.35M+15.2%$180.04M+28.8%
Ecuador$29.9M+194%$10.16M+26.7%$8.02M$0
Asset impairment (Note 9) by Geography
Canada$78.56M$0
Colombia$57.7M$0
Revisions of previous quantity estimates by Geography
Canada-$71.62M$0$0$0
Colombia$282.37M-34.0%$428M-49.6%$848.82M+448%$155.02M
Ecuador$157.55M+146%-$342.52M-357%$133.05M+267%-$79.56M
Purchases of reserves in place by Geography
Canada$0-100%$143.56M
Colombia$0$0
Ecuador$16.99M$0
Extensions, discoveries and improved recovery, less related costs by Geography
Canada$44.66M$0$0$0
Colombia$0-100%$100.4M-81.2%$533.24M+112%$252.12M
Ecuador$129.12M-18.2%$157.9M+216%$50.01M-62.2%$132.29M
Oil and Gas, Result of Operation, Impairment by Geography
Canada$78.56M
Colombia$57.7M
Ecuador$0
Development costs by Geography
Canada$57.64M+621%$8M$0$0
Colombia$111.36M-6.4%$118.98M-40.3%$199.24M+23.8%$160.93M+13.0%
Ecuador$14.37M-20.9%$18.18M+297%$4.58M$0
Proved by Geography
Canada$0-100%$256.04M$0$0
Colombia$0$0$0$0
Ecuador$1.13M$0$0$0
Previously estimated development costs incurred during the year by Geography
Canada$29.08M$0$0$0
Colombia$102.19M+19.4%$85.57M-26.7%$116.71M-14.7%$136.86M
Ecuador$10.6M-74.7%$41.91M+4.9%$39.96M$0
Unproved by Geography
Canada$0-100%$34.19M$0$0
Colombia$0$0$0$0
Ecuador$2.91M$0$0$0
Weighted average production costs by Geography
Canada$16.45+58.9%$10.35$0$0
Colombia$21.58+7.7%$20.04+8.1%$18.54+14.0%$16.26+4.6%
Ecuador$22.06+1.2%$21.79+5.5%$20.66+5.7%$19.55+12.4%
Accretion of discount by Geography
Canada$14.36M$0$0$0
Colombia$108.95M-17.9%$132.7M-20.8%$167.65M+37.3%$122.14M
Ecuador$5.23M+24.3%$4.21M+23.1%$3.42M+9,138%$37K
Changes in future development costs by Geography
Canada$28.11M$0$0$0
Colombia$53.38M+137%-$146.13M+35.7%-$227.12M-78.6%-$127.14M
Ecuador-$80.54M+40.4%-$135.13M-115%-$62.83M-112%-$29.6M

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

How does Gran Tierra Energy break its business down?
Gran Tierra Energy (GTE) reports oil, natural gas and ngl sales (note 9) by business across 3 parts — Canada, Colombia and Ecuador. Each is extracted from the segment footnotes and tracked over time.
Where does Gran Tierra Energy's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Gran Tierra Energy's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.