GTE

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dan_s
Posts: 37306
Joined: Fri Apr 23, 2010 8:22 am

GTE

Post by dan_s »

Gran Tierra Energy Inc. (GTE): An updated Net Income and Cash Flow Forecast model has been posted under the Sweet 16 Tab. It includes my revised Fair Value estimate for this stock. - Dan

GTE should generate over $425 million in cash flow this year. Their capital budget is $367 million. It is very difficult to find companies with this much exploration upside that are funding their growth with operating cash flows.

I will be updating all the S-16 for companies that reported Q4 results last week as quick as I can.
Dan Steffens
Energy Prospectus Group
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