For the year ending 2025-12-31, GTE had -$18,671K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net (loss) income | -193,119 |
| Depletion, depreciation and accretion (note 8) | 278,353 |
| Asset impairment (note 9) | 136,261 |
| Deferred tax (recovery) expense (note 16) | -55,612 |
| Stock-based compensation expense (note 13) | 3,214 |
| Amortization of debt issuance costs (note 11) | 16,943 |
| Non-cash lease expenses | 5,821 |
| Non-cash interest expense | 2,025 |
| Lease payments | 5,973 |
| Unrealized foreign exchange loss (gain) | -1,040 |
| Unrealized derivative instruments (gain) loss (note 18) | 8,633 |
| Cash settlement of asset retirement obligation (note 14) | 6,385 |
| Other non-cash (gain) loss | -2,558 |
| Net change in assets and liabilities from operating activities (note 19) | -141,872 |
| Net cash provided by operating activities | 313,249 |
| Additions to property, plant and equipment (note 8 and 19) | 275,869 |
| Cash paid for business combinations, net of cash acquired (note 3) | 0 |
| Proceeds on disposition of property, plant and equipment (note 8) | 7,876 |
| Cash paid for property acquisitions, net of cash acquired (note 8) | 4,471 |
| Net cash used in investing activities | -272,464 |
| Proceeds from issuance of senior notes, net of issuance costs | 0 |
| Purchase of senior notes (note 11) | 17,021 |
| Senior notes issuance costs | 0 |
| Repayment of senior notes (note 11) | 24,828 |
| Proceeds from debt, net of issuance costs (note 11) | 116,548 |
| Repayment of debt (note 11) | 119,945 |
| Lease payments | 11,182 |
| Proceeds from exercise of stock options (note 13) | 51 |
| Re-purchase of shares of common stock (note 13) | 3,466 |
| Net cash (used in) provided by financing activities | -59,843 |
| Foreign exchange gain (loss) on cash and cash equivalents and restricted cash and cash equivalents | 387 |
| Net (decrease) increase in cash and cash equivalents and restricted cash and cash equivalents | -18,671 |
| Cash and cash equivalents and restricted cash and cash equivalents, beginning of year (note 19) | 111,337 |
| Cash and cash equivalents and restricted cash and cash equivalents, end of year (note 19) | 92,666 |
GRAN TIERRA ENERGY INC. (GTE)
GRAN TIERRA ENERGY INC. (GTE)