Why These Energy Stocks are Losing This Week

4. Gran Tierra Energy Inc. (NYSEAMERICAN:GTE)

Share Price Decline Between Feb. 14 – Feb. 24: 13.29%

Gran Tierra Energy Inc. (NYSEAMERICAN:GTE), together with its subsidiaries, is an independent international energy company currently focused on oil and natural gas exploration and production in Canada, Colombia, and Ecuador.

Gran Tierra Energy Inc. (NYSEAMERICAN:GTE) shared its Q4 2024 results recently, revealing that the company made a net loss of $34.21 million in the quarter, compared to the prior year’s profit of $7.71 million. GTE’s loss per share came in at $1.04, compared to a profit of $0.23 in the prior year period. Moreover, the company’s funds flow from operations also fell to $44.13 million, down from $84.66 million a year earlier.