Gran tierra energy inc. (GTE)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
OIL AND NATURAL GAS SALES (Note 7)

86,079

127,934

132,491

157,993

152,565

136,639

175,118

163,446

138,228

-

-

96,128

94,659

91,614

68,539

71,713

57,403

54,777

75,653

69,350

76,231

98,888

161,517

147,888

151,105

121,100

170,825

150,250

204,780

65,061

168,616

114,542

155,248

161,407

150,824

161,664

122,296

112,527

84,110

83,717

92,932

75,171

58,284

Total revenue and other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

162,289

148,526

151,855

-

171,344

150,574

205,371

65,142

168,933

115,150

155,951

161,735

151,033

162,120

122,519

112,667

84,569

84,114

93,110

75,354

58,511

EXPENSES
Operating

32,285

37,967

35,603

33,733

34,783

33,253

29,511

26,732

21,776

14,779

21,931

27,208

23,937

1,720

25,638

17,748

19,067

14,252

20,894

17,758

22,661

8,592

33,949

25,346

21,866

1,169

25,069

23,970

41,015

4,092

36,295

27,333

24,487

25,214

21,727

23,160

16,396

20,331

19,401

9,529

10,185

9,099

8,878

Workover

12,303

11,093

10,979

12,757

6,289

8,515

13,106

8,327

4,489

-

5,390

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transportation

4,037

4,233

3,179

4,885

8,103

7,969

7,505

6,522

6,997

5,635

6,038

6,492

6,942

7,458

5,773

6,217

12,328

12,199

12,857

6,375

8,773

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Results of Operations, Depreciation, Depletion, Amortization and Accretion

57,294

60,603

49,812

51,697

62,921

60,169

51,630

46,607

39,461

37,650

35,279

31,813

26,593

35,010

35,729

31,884

36,912

33,043

55,015

39,188

49,140

45,740

53,936

41,937

44,264

35,578

51,269

55,592

58,412

12,588

45,044

32,571

60,367

71,061

49,852

46,965

63,357

56,335

35,254

31,641

40,343

35,246

32,691

Goodwill impairment (Note 4)

102,600

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory impairment (Note 4)

3,900

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of Oil and Gas Properties

-

-

-

-

-

-

-

-

-

-

-

-

283

146,934

319,974

92,843

56,898

106,641

149,978

30,285

37,014

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative

5,385

8,856

7,637

8,641

9,596

2,310

13,811

12,202

11,160

12,138

8,651

9,513

8,712

12,602

5,592

7,975

7,049

6,898

7,863

10,298

7,294

11,104

13,350

13,932

12,863

8,836

11,768

9,090

11,421

265

12,896

17,599

15,899

14,025

16,316

16,410

13,638

12,480

10,977

9,594

7,190

7,076

7,025

Severance

1,322

689

140

270

672

346

1,004

1,011

0

-

1,164

-

-

20

0

281

1,018

2,163

461

1,988

4,378

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transaction

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,088

0

1,237

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity tax

-

-

-

-

-

-

-

-

-

0

0

0

1,224

47

0

0

3,051

0

0

0

3,769

0

0

0

0

-

-

-

-

-

-

-

-

0

0

221

8,050

-

0

0

-

-

-

Gain on acquisition (Note 3)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-2,601

24,300

-

0

0

-

-

-

Foreign exchange loss (gain)

-18,807

4,954

-6,840

-1,175

2,434

-9,571

888

-2,216

942

-1,288

1,271

-3,897

1,847

2,528

507

-781

-785

-4,250

12,923

-2,969

11,538

32,931

12,438

-10,044

4,210

1,272

-430

12,622

5,229

-860

1,315

-4,807

-24,375

3,784

15,921

-14,495

-5,199

16,902

-16,320

-3,126

-14,294

-18,867

-33,708

Gain (Loss) on Investments and Derivative Instruments, Net, Pretax

-52,418

43,325

-12,285

18,340

-3,165

-5,456

4,874

-4,768

-6,946

-21,140

-1,675

1,447

5,439

-8,455

-2,051

1,072

-845

-765

-2,670

1,366

42

-6,945

-2,790

2,604

2,409

0

0

0

0

-

-

-

-

0

0

1,292

230

0

0

0

44

77

-284

Loss on redemption of Convertible Notes (Note 4)

-

-

-11,305

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-4,400

0

0

0

0

-

-

-

-

-

-

-

-

-

-

Interest Expense, Debt

12,810

12,613

12,153

10,564

7,938

7,090

7,404

7,375

5,495

3,467

3,989

3,331

3,095

6,303

5,122

2,201

519

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

EXPENSES

303,146

76,470

149,933

105,382

131,033

134,679

118,209

115,760

95,382

114,075

82,846

80,807

63,500

238,773

405,460

158,858

139,709

179,709

236,815

107,495

121,449

326,772

91,587

88,655

72,374

65,260

88,536

76,030

110,019

8,469

92,920

82,310

125,128

106,516

71,974

102,560

82,110

72,244

81,952

53,890

71,968

70,211

82,586

OTHER LOSS (Notes 5, 6 and 10)

-

-

-

-

-

-

-

-

-

-

0

-9,076

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(LOSS) ON SALE OF BUSINESS UNITS (NOTE 3 and 5) AND GAIN ON ACQUISITION

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

11,712

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

INTEREST INCOME

345

36

130

397

133

-35

725

610

786

255

301

245

408

440

730

749

449

300

266

382

421

696

772

638

750

740

519

324

591

81

317

608

703

328

209

456

223

140

459

397

178

183

227

(LOSS) INCOME BEFORE INCOME TAXES

-216,722

38,614

-17,312

53,008

21,665

1,925

57,634

48,296

43,632

-21,950

21,223

6,490

31,567

-157,502

-336,191

-86,396

-70,145

-124,632

-160,896

-37,763

-44,797

-227,188

70,702

59,871

79,481

56,580

82,808

74,544

95,352

56,673

76,013

32,840

30,823

55,219

79,059

59,560

40,409

40,423

2,617

30,224

21,142

5,143

-24,075

INCOME TAX EXPENSE
Current (Note 8)

298

3,135

3,049

-489

11,363

7,679

19,108

4,827

12,289

10,800

4,333

1,772

7,417

8,442

3,879

5,778

2,023

3,751

3,523

5,684

2,425

-

24,246

26,968

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Income Tax Expense (Benefit)

34,600

8,498

8,472

14,957

8,300

5,086

-36,769

23,169

13,482

8,052

13,760

11,525

11,379

-38,589

-110,451

-28,615

-27,136

-45,661

-62,542

-4,883

-2,356

-

2,272

1,419

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

INCOME TAX EXPENSE

34,904

11,610

11,521

14,468

19,686

12,765

-17,661

27,996

25,771

18,852

18,093

13,297

18,796

-30,147

-106,572

-22,837

-25,113

-41,910

-59,019

801

69

42,601

26,518

28,387

29,709

23,267

42,595

24,960

37,439

13,987

31,408

19,736

31,136

22,667

29,974

27,993

26,696

27,305

5,894

12,853

11,182

7,959

4,125

LOSS FROM CONTINUING OPERATIONS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-269,789

44,184

31,484

49,772

-

40,213

49,584

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-22,347

-4,643

-

-7,156

-1,801

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

-251,626

27,004

-28,833

38,540

1,979

-10,840

75,295

20,300

17,861

-40,802

3,130

-6,807

12,771

-127,355

-229,619

-63,559

-45,032

-82,722

-101,877

-38,564

-44,866

-269,789

44,184

9,137

45,129

-12,465

33,057

47,783

57,913

42,263

44,605

13,104

-313

32,552

49,085

31,567

13,713

13,118

-3,277

17,371

9,960

-2,816

-28,200

NET (LOSS) INCOME PER SHARE
LOSS FROM CONTINUING OPERATIONS (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.95

0.15

0.11

0.18

-

0.15

0.18

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted (in dollars per share)

-0.69

-

-

-

0.01

-

-

-

0.05

-

-

-0.02

0.03

-

-0.71

-0.21

-0.15

-0.29

-0.36

-0.13

-0.16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC AND DILUTED (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

293,812

-

285,592

286,393

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

BASIC
LOSS FROM DISCONTINUED OPERATIONS, NET OF INCOME TAXES (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.08

-0.02

-

-0.03

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME (LOSS) PER SHARE - BASIC (in USD per share)

-

-

-0.08

0.10

-

-

0.19

0.05

-

-

0.01

-

-

-

-

-

-

-

-

-

-

-

0.15

0.03

0.16

-0.05

0.12

0.17

0.21

0.14

0.16

0.05

0.00

0.12

0.18

0.11

0.05

0.05

-0.01

0.07

0.04

-0.01

-0.12

DILUTED
(LOSS) INCOME FROM CONTINUING OPERATIONS (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.15

0.11

0.18

-

0.15

0.18

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

LOSS FROM DISCONTINUED OPERATIONS, NET OF INCOME TAXES (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.08

-0.02

-

-0.03

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME (LOSS) PER SHARE - DILUTED (in USD per share)

-

-

-0.08

0.10

-

-

0.18

0.05

-

-

0.01

-

-

-

-

-

-

-

-

-

-

-

0.15

0.03

0.16

-0.05

0.12

0.17

0.20

0.14

0.16

0.05

0.00

0.12

0.17

0.11

0.05

0.04

-0.01

0.07

0.04

-0.01

-0.12

Weighted Average Number of Shares Outstanding, Basic

366,981

366,913

372,195

379,942

386,930

390,163

391,209

391,054

391,294

394,370

394,771

398,585

399,007

-

321,725

296,565

-

-

-

-

286,194

-

285,576

283,773

283,235

283,180

283,092

282,822

282,138

281,820

281,695

280,714

278,734

278,129

277,608

277,297

260,930

256,673

254,951

254,344

248,818

242,232

241,426

Weighted Average Number of Shares Outstanding, Diluted

366,981

331,133

372,195

415,756

386,945

461,697

427,947

427,455

391,379

394,328

394,774

398,585

399,046

371,303

321,725

296,565

293,812

-

-

-

286,194

-

288,059

287,856

288,636

288,009

286,026

285,449

285,026

289,208

284,605

284,141

278,734

288,850

284,026

284,451

267,819

281,551

254,951

263,853

256,863

242,232

241,426