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GTE News
GTE Events
Gran Tierra Energy Signs Agreement with Azerbaijan
Gran Tierra Energy is pleased to announce that the Milli Majlis, the Parliament of the Republic of Azerbaijan, has ratified the exploration, development and production sharing agreement for the onshore Guba-Khazaryani region that the company signed with the State Oil Company of the Republic of Azerbaijan on February 18, 2026.
Beyond Meat Borrow Rate Increases to 37.96%
Latest data shows the largest indicative borrow rate increases among liquid option names include: Beyond Meat (BYND) 37.96% +0.67, Gorilla Technology Group Inc (GRRR) 28.24% +0.61, Quantum Computing (QUBT) 7.83% +0.60, T-REX 2X Long SNDK Daily Target ETF (SNDU) 26.50% +0.55, Red Cat Holdings (RCAT) 2.03% +0.47, 21st Century Fox (FOXA) 0.87% +0.45, Sealsq Corp (LAES) 19.45% +0.39, Tradr 2X Long QBTS Daily ETF (QBTX) 26.72% +0.37, Gran Tierra (GTE) 0.71% +0.27, and Merlin Inc (MRLN) 15.87% +0.26.
Significant Increases in Indicative Borrow Rates for Liquid Options
Latest data shows the largest indicative borrow rate increases among liquid option names include: Boost Run Inc. (BRUN) 12.75% +11.56, Defiance Daily Target 2X Long RKLB ETF (RKLX) 15.61% +1.43, DEFIANCE DAILY TARGET 2X LONG SMCI ETF (SMCX) 17.32% +0.74, T-REX 2X Long BMNR Daily Target ETF (BMNU) 13.68% +0.66, Tradr 2X Long QBTS Daily ETF (QBTX) 25.34% +0.65, Tradr 2X Short SNDK Daily ETF (SNDQ) 40.74% +0.62, Main Street (MAIN) 6.61% +0.42, Wrap Technologies (WRAP) 4.76% +0.27, T-REX 2X LONG MSTR DAILY TARGET (MSTU) 15.41% +0.26, and Gran Tierra (GTE) 0.81% +0.26.
Gary Guidry: Optimistic Outlook for 2026 Free Cash Flow
Gary Guidry, CEO, commented: "Our performance for the Quarter reflects a strong start to 2026, with production meeting expectations and capital spending below plan, demonstrating disciplined execution across the business. With the completed disposition of our Simonette assets and the successful bond exchange, we are in a stronger financial position, well-equipped to support ongoing operations and the continued deleveraging of the balance sheet. We signed an Exploration, Development and Production Sharing Agreement with the State Oil Company of the Republic of Azerbaijan and entered into a strategic partnership with Ecopetrol that is expected to unlock operational synergies and further enhance long-term value creation. Supported by these strategic developments and the evolving market environment, our revised 2026 guidance reflects a stronger outlook for free cash flow while maintaining a disciplined approach to capital allocation. Looking forward, we remain focused on financial strength, generating free cash flow and reducing debt as we continue to deliver long-term value to shareholders."
Gran Tierra Sells Simonette Asset for C$62.5M
Gran Tierra announced that it has entered into a purchase and sale agreement to sell its remaining working interest in the Simonette asset for total cash consideration of C$62.5M and will have an effective date of January 1. The transaction completes Gran Tierra's exit from Simonette and will deliver cash proceeds that will be directed toward deleveraging the balance sheet. Closing of the transaction is expected to occur during the first quarter of 2026, subject to the satisfaction of customary closing conditions.
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