For the quarter ending 2026-03-31, GTE had $42,186K increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -119,172 | -141,148 | -19,950 | -32,021 |
| Depletion, depreciation and accretion (note 5) | 69,874 | 72,535 | 64,981 | 140,837 |
| Asset impairment (note 9) | - | 136,261 | - | - |
| Deferred income tax recovery | -32,445 | -38,055 | -15,298 | -2,259 |
| Stock-based compensation expense (recovery) (note 8) | 19,676 | 3,042 | 143 | 29 |
| Amortization of debt issuance costs (note 6) | 11,293 | 4,759 | 4,269 | 7,915 |
| Unrealized foreign exchange (gain) loss | 200 | 1,896 | 1,865 | -4,801 |
| (gain) loss on bond repurchases and exchange (note 6) | 728 | - | - | - |
| Unrealized derivative instruments loss (note 12) | -77,328 | 7,669 | -9,527 | 10,491 |
| Cash settlement of asset retirement obligation | 925 | 1,639 | 1,701 | 3,045 |
| Non-cash lease expenses | 1,468 | 1,173 | 1,187 | 3,461 |
| Non-cash interest expense | 4,513 | 2,025 | - | - |
| Lease payments | 1,687 | 1,287 | 1,574 | 3,112 |
| Other loss | - | - | -265 | -90 |
| Other non-cash (gain) loss | - | -2,558 | - | - |
| Net change in assets and liabilities from operating activities (note 13) | -143,739 | -132,005 | -8,165 | -1,702 |
| Net cash provided by operating activities | 172,734 | 157,193 | 48,149 | 107,907 |
| Additions to property, plant and equipment (note 5 and 13 ) | 41,540 | 57,714 | 64,184 | 153,971 |
| Cash paid for business combinations, net of cash acquired (note 3) | - | 0 | - | - |
| Proceeds on disposition of property, plant and equipment (note 5) | 48,598 | 376 | 7,500 | - |
| Cash paid for property acquisitions, net of cash acquired (note 8) | - | 4,471 | - | - |
| Net cash provided by (used in) investing activities | 7,058 | -61,809 | -56,684 | -153,971 |
| Proceeds from issuance of senior notes, net of issuance costs | - | 0 | 0 | 0 |
| Proceeds from long-term debt, net of issuance costs (note 7) | - | - | 4,140 | 44,781 |
| Repayment of long-term debt (note 7) | - | - | 5,849 | 1,894 |
| Purchase of senior notes (note 11) | - | 17,021 | - | - |
| Repayment of senior notes (note 7) | - | - | 0 | 24,828 |
| Senior notes issuance costs | - | 0 | - | - |
| Re-purchase of senior notes (note 6) | 8,087 | - | - | - |
| Repayment of senior notes (note 6) | 125,000 | 23,116 | 0 | 1,712 |
| Proceeds from debt, net of issuance costs (note 11) | - | 116,548 | - | - |
| Re-purchase of shares of common stock (note 8) | 0 | 0 | 0 | 3,466 |
| Repayment of debt (note 11) | - | 119,945 | - | - |
| Proceeds from exercise of stock options | 433 | 11 | 18 | 22 |
| Lease payments | 4,417 | 2,709 | 624 | 7,849 |
| Net cash used in financing activities | -137,071 | -62,582 | -2,315 | 5,054 |
| Foreign exchange (loss) gain on cash, cash equivalents and restricted cash and cash equivalents | -535 | 1,686 | -533 | -766 |
| Net increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents | 42,186 | 34,488 | -11,383 | -41,776 |
| Cash and cash equivalents and restricted cash and cash equivalents, beginning of period (note 13) | 92,666 | 58,178 | 111,337 | - |
| Cash and cash equivalents and restricted cash and cash equivalents, end of period (note 13) | 134,852 | 92,666 | 58,178 | - |
GRAN TIERRA ENERGY INC. (GTE)
GRAN TIERRA ENERGY INC. (GTE)