Financial insights of GTE

MyFinsight

For the quarter ending 2025-09-30, GTE made $149,254K in revenue. -$24,058K in net income. Net profit margin of -16.12%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Oil, natural gas and ngl sales (note 9)	149,254	152,481	170,533	151,373
Operating	68,379	55,855	67,354	46,060
Transportation	4,297	7,618	6,911	3,911
Export tax	2,630	-	-	-
Depletion, depreciation and accretion (note 6)	64,981	68,635	72,202	55,573
General and administrative	13,596	15,006	11,626	6,346
Transaction costs	0	-	-	1,459
Foreign exchange loss (gain)	-284	-3,716	-3,838	3,084
Derivative instruments loss (gain) (note 12)	-2,066	14,032	-1,467	-
Interest expense (note 7)	25,447	24,366	23,235	19,892
Expenses	181,680	161,164	186,633	130,157
Interest income	197	251	425	684
Other income	1,003	339	-52	-
(loss) income before income taxes	-31,226	-8,093	-15,727	21,900
Current (note 10)	4,022	2,195	8,265	15,217
Deferred (note 10)	-15,298	2,453	-4,712	5,550
Income tax expense (recovery)	-11,276	4,648	3,553	20,767
Net (loss) income	-19,950	-12,741	-19,280	1,133
Foreign currency translation adjustment	-4,108	9,583	191	-
Net and comprehensive (loss) income	-24,058	-3,158	-19,089	-

Basic (in dollars per share)	-0.57	-0.36	-0.54	0.04
Diluted (in dollars per share)	-0.57	-0.36	-0.54	0.04
Weighted average shares outstanding - basic (in shares)	35,291,099	35,334,692	35,777,367	30,732,807
Weighted average shares outstanding - diluted (in shares)	35,291,099	35,334,692	35,777,367	30,732,807