Gran Tierra Energy Inc (TSX:GTE, LSE:GTE, NYSE-A:GTE, ETR:G1P) President and CEO Gary Guidry tells Proactive its biggest achievement for the year was resuming its oil production to above 30,000 barrels per day.
The company generated net income of $42.5 million, or $0.12 per share (basic and diluted) in full-year 2021, compared to a net loss of $778.0 million, or $(2.12) per share basic and diluted in 2020.
The company realized adjusted EBITDA of $241.5 million, the highest since 2019, and an increase of 150% from $96.5 million in 2020.