
Gran Tierra Energy Inc
TSX:GTE

Gross Margin
Gran Tierra Energy Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
CA |
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Gran Tierra Energy Inc
TSX:GTE
|
167.3m CAD |
59%
|
|
US |
![]() |
Conocophillips
NYSE:COP
|
116.1B USD |
47%
|
|
CN |
C
|
CNOOC Ltd
SSE:600938
|
704.1B CNY |
49%
|
|
CA |
![]() |
Canadian Natural Resources Ltd
TSX:CNQ
|
87.9B CAD |
50%
|
|
US |
![]() |
EOG Resources Inc
NYSE:EOG
|
64.4B USD |
61%
|
|
US |
![]() |
Hess Corp
NYSE:HES
|
46.1B USD |
78%
|
|
US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
51%
|
|
US |
![]() |
Diamondback Energy Inc
NASDAQ:FANG
|
40.4B USD |
71%
|
|
AU |
![]() |
Woodside Energy Group Ltd
ASX:WDS
|
48.8B AUD |
40%
|
|
US |
V
|
Venture Global Inc
NYSE:VG
|
31.9B USD |
63%
|
|
US |
![]() |
EQT Corp
NYSE:EQT
|
30.9B USD |
73%
|
Gran Tierra Energy Inc
Glance View
Gran Tierra Energy, Inc. engages in the exploration and production of oil and natural gas in Colombia and Ecuador. The company is headquartered in Calgary, Alberta and currently employs 319 full-time employees. The company went IPO on 2005-07-06. The firm is focused on oil and natural gas exploration and production in Colombia and Ecuador. The firm is developing its portfolio of assets in Colombia and Ecuador. Its assets in Colombia represents 100% of the Company’s production with oil reserves and production mainly located in the Middle Magdalena Valley (MMV) and Putumayo Basin. In MMV, the Company’s largest field is the Acordionero Field, where it produces approximately 17 degree American Petroleum Institute (API) oil, which represented approximately 49% of total Company production. The Putumayo production is approximately 27° API for Chaza Block and 18° API for Suroriente Block, which represented approximately 44% of total Company production.

See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Gran Tierra Energy Inc's most recent financial statements, the company has Gross Margin of 59.3%.