Gran Tierra Energy (GTE): An updated Net Income & Cash Flow Forecast model has been posted under the Sweet 16 Tab.
GTE's first quarter earnings per share beat my forecast, but cash flow per share came in low. My Fair Value Estimate drops slightly to $11.95 (compared to First Call's target of $10.08).
First quarter sales were 21,819 BOEPD. Exit rate should be near 27,500 (97% crude oil).